Blue Apron‘s first day of trading is over, and it finished pretty much where it started.
The stock traded up to $US11 after debuting at $US10, and ended the higher by just $US0.01 at $US10.01.
The company went public Thursday under the shadow of the recent Amazon-Whole Foods merger. The e-commerce giant is expected to use the grocery chain to beef up its food delivery service.
Initially, Blue Apron shares were expected to price in the $US15 to $US17 range, but that range was lowered to between $US10 and $US11 on Wednesday morning.