![]() ![]() ![]() 'I've just had a baby and I've not been on a diet!' Rebecca Ferguson says she didn't feel ready to perform at Eurovision ready for cooking and assembly as a meal.'Īs a result, Blue Apron stock tumbled as investors scurried away from having to potentially compete with Amazon, who had just purchased the Whole Foods supermarket chain for $13.7 billion days before Blue Apron went public.Īn email to Blue Apron seeking comment was not immediately answered. That devaluation also came on news that internet retail giant Amazon filed a July 6 trademark application for 'prepared food kits composed of meat, poultry, fish, seafood, fruit and/or vegetables. The law firm is looking into whether the meal kit company's 'board breached its fiduciary duty to investors, grossly mismanaged the Company, and/or committed abuses of control.' On June 29, the company went public and sold off 30 million shares at $10 dollars a share.īut in less than three weeks since the public offering, 'Blue Apron's stock has lost nearly 40% in value,' leading to attorneys at the law firm of Harwood Feffer LLP to open an investigation, according to PR Newswire citing a July 18 statement by the firm. The company was first established in 2012 Matt Salzberg (CEO), Ilia Papas and Matt Wadiak, packing and shipping the first 30 orders themselves from a commercial kitchen based Long Island City, New York. The Jersey City, New Jersey facility (pictured) will be shut down in October, and a new facility will be opened in Linden, New Jersey at the beginning of next year.
0 Comments
Leave a Reply. |