Blue Apron sinks below its IPO price

Blue Apron went public Thursday, and barely eked out a gain.

The meal-kit delivery company ended trading at $US10.01, just a penny higher than its initial public offering price of $US10.

Now, Blue Apron is down 2.8% at $US9.72.

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.

Click here to follow Blue Apron’s stock price in real time…

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