Blue Apron folks. This is your garbage IPO if the day. This company went public in June and 2017 and within its first two years of trading it has lost investors…93.5% of their investment if they bought the opening print. This is a classic example of a garbage company, going public because it needed the money to stay in business. Remember folks there is one main factor that ANY company will go public.m, and that is because of the money, whether a need or a want. APRN is not trading at $0.65.
There are many IPOs that are like this