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2023-06-10

It will easily double from now

Blue Apron eliminates all debt after FreshRealm deal closes, stock soars a day after reverse-split takes effect

Shares of Blue Apron Holdings Inc. soared 53.3% in volatile midday trading Friday, after the meal-kit company announced the closing of its previously announced deal in which the company transferred its operational infrastructure to fresh meal provider FreshRealm. The stock has been halted three times for volatility since the open. The stock's rally comes a day after a one-for-12 reverse stock split took effect, which effectively multiplied the stock price by 12, so it could bring the company into compliance with the New York Stock Exchange's minimum-bid listing requirement. The stock closed at about 52 cents on June 7 prior to the reverse split, then closed at $5.35 on June 8 to reflect a 15.0% drop on the day. With the closing of the FreshRealm deal, Blue Apron said it received $25 million in cash upfront, and is eligible to receive up to $25 million if certain milestones are achieved. The company with the payment it has "eliminated its debt." The stock has dropped 17.7% year to date

Blue Apron eliminates all debt after FreshRealm deal closes, stock soars a day after reverse-split takes effect

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The stock closed at about 52 cents on June 7 prior to the reverse split, then closed at $5.35 on June 8 to reflect a 15.0% drop on the day. With the closing of the FreshRealm deal, Blue Apron said it received $25 million in cash upfront, and is eligible to receive up to $25 million if certain milestones are achieved. The company with the payment it has \"eliminated its debt.\" The stock has dropped 17.7% year to date, while the S&amp;P 500  has gained 11.9%. \n</p>\n<p>\n  -Tomi Kilgore \n</p>\n<p>\n  This content was created by MarketWatch, which is operated by <a href=\"https://laohu8.com/S/DJS\">Dow Jones</a> &amp; Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 09, 2023 12:51 ET (16:51 GMT)\n</p>\n<p>\n  Copyright (c) 2023 Dow Jones &amp; Company, Inc.\n</p>\n</font>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Blue Apron eliminates all debt after FreshRealm deal closes, stock soars a day after reverse-split takes effect</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBlue Apron eliminates all debt after FreshRealm deal closes, stock soars a day after reverse-split takes effect\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2023-06-10 00:51</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW Blue Apron eliminates all debt after FreshRealm deal closes, stock soars a day after reverse-split takes effect\n</p>\n<p>\n  Shares of <a href=\"https://laohu8.com/S/APRN\">Blue Apron Holdings Inc.</a> (APRN) soared 53.3% in volatile midday trading Friday, after the meal-kit company announced the closing of its previously announced deal in which the company transferred its operational infrastructure to fresh meal provider FreshRealm. The stock has been halted three times for volatility since the open. The stock's rally comes a day after a one-for-12 reverse stock split took effect, which effectively multiplied the stock price by 12, so it could bring the company into compliance with the New York Stock Exchange's minimum-bid listing requirement. The stock closed at about 52 cents on June 7 prior to the reverse split, then closed at $5.35 on June 8 to reflect a 15.0% drop on the day. With the closing of the FreshRealm deal, Blue Apron said it received $25 million in cash upfront, and is eligible to receive up to $25 million if certain milestones are achieved. The company with the payment it has \"eliminated its debt.\" The stock has dropped 17.7% year to date, while the S&amp;P 500  has gained 11.9%. \n</p>\n<p>\n  -Tomi Kilgore \n</p>\n<p>\n  This content was created by MarketWatch, which is operated by <a href=\"https://laohu8.com/S/DJS\">Dow Jones</a> &amp; Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 09, 2023 12:51 ET (16:51 GMT)\n</p>\n<p>\n  Copyright (c) 2023 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4113":"食品零售","APRN":"Blue Apron Holdings Inc."},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2342840975","content_text":"MW Blue Apron eliminates all debt after FreshRealm deal closes, stock soars a day after reverse-split takes effect\n\n\n  Shares of Blue Apron Holdings Inc. (APRN) soared 53.3% in volatile midday trading Friday, after the meal-kit company announced the closing of its previously announced deal in which the company transferred its operational infrastructure to fresh meal provider FreshRealm. The stock has been halted three times for volatility since the open. The stock's rally comes a day after a one-for-12 reverse stock split took effect, which effectively multiplied the stock price by 12, so it could bring the company into compliance with the New York Stock Exchange's minimum-bid listing requirement. The stock closed at about 52 cents on June 7 prior to the reverse split, then closed at $5.35 on June 8 to reflect a 15.0% drop on the day. With the closing of the FreshRealm deal, Blue Apron said it received $25 million in cash upfront, and is eligible to receive up to $25 million if certain milestones are achieved. 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