Tuesday, January 02, 2018 11:10:33 AM
Underwriters said companies were wary that investors would be more discerning and more willing to jump ship if offerings don't meet expectations following the poor market performance of Snap and Blue Apron Holdings Inc. Blue Apron priced its June IPO at $10 a share, below the $15-to-$17 range it initially outlined to investors and is currently trading more than 50% below that.
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