June 29, 2017 / 7:06 PM / 3 months ago

Viewsroom: Blue Apron’s debut leaves bad taste

The logo of Blue Apron is shown on a large sign in front of the New York Stock Exchange before the company's IPO in New York, U.S., June 29, 2017. REUTERS/Lucas Jackson - RTS1954Z

NEW YORK (Reuters Breakingviews) - The meal-kit delivery firm had an unappetizing IPO, barely opening above its much-reduced price of $10 a share. Investors are starting to wise up to fluffy concoctions with little meat. The more discerning environment will make it difficult for half-baked companies with high risk. Listen to the podcast: here

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