17-07-2017 17:48 via rocketnews.com

Blue Apron stock gets toasted as Amazon cooks up rival service

Wall Street gets its first taste of Blue Apron IPOAmazon is cooking up a plan to disrupt the meal-kit delivery business that Blue Apron helped pioneer.Blue Apron (APRN) shares plunged as much as 11% on Monday following news that Amazon filed to trademark a prepared food-kit service. About one-third of Blue Apron’s value has vanished since the company went public late last month.The post Blue Apron stock gets toasted as Amazon cooks up rival service appeared first on RocketNews |Top News St
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