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Citi: Market Leader Blue Apron Could Reach $10 Per Share Over The Next Year
Tuesday, July 25, 2017 - 1:24pm | 382Read More...While Blue Apron Holdings Inc (NYSE: APRN) is trading beneath its IPO pricing of $10, it’s the market leader in the $2.5 billion meal kit sector, Citi analyst Mark May said Tuesday. Citi initiated Blue Apron with a Buy and high-risk rating, as well as a $10 price target. Blue Apron’s...
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Analyst: Blue Apron's Lower IPO Pricing Is A Positive
Thursday, June 29, 2017 - 9:45am | 384Read More...Blue Apron, a home-delivery meal kit service, filed for its initial public offering in June and priced shares in a range of $15 to $17. The company was forced to lower its offering range to $10 to $11 per share, partly due to Amazon.com, Inc. (NASDAQ: AMZN)'s proposed acquisition of Whole Foods...
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Why Did The IPO Market Took A U-Turn In June?
Friday, June 19, 2015 - 2:54pm | 416Read More...Though the year 2015 saw prominent tech names like Etsy Inc (NASDAQ: ETSY), Box Inc (NYSE: BOX), Shopify Inc (NYSE: SHOP), and Fitbit Inc (NYSE: FIT) getting listed, according to Renaissance Capital founder, Kathleen Smith, the numbers weren’t as good until this month. Smith was on CNBC...
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Axovant Sciences' IPO Sparks Comment On 'Biotech Bubble'
Friday, June 12, 2015 - 10:34am | 399Read More...Axovant Sciences Ltd (NYSE: AXON) nearly doubled during its first few hours of trading Thursday, stirring comments about a biotech bubble. The company acquired its single product, a prospective treatment for Alzheimer's disease, for $5 million from GlaxoSmithKline plc (ADR) (NYSE: GSK) in December...
