Latest News

Dow Jones Newswires: Blue Apron shares rise after company completes stock offering

0

Shares of Blue Apron Holdings, Inc.
APRN,
-0.36%

were higher in Thursday’s late trading session after the provider of meal kits said it completed a previously announced at-the-market equity offering program.

The company said about 4.6 million shares were sold at an average sales price of $3.25 per share for gross proceeds of about $15 million. Blue Apron said its net proceeds from the offering, after deductions, were about $14.5 million.

At 5:38 p.m. EDT, the company’s shares had risen 6.14% to trade at $2.94 per share. The stock finished the day’s regular session with a 0.36% loss at $2.77 per share.

The Fed: Fed’s Waller: Not enough data to change his mind on need for rate hike at early November meeting

Previous article

Economic Report: Mortgage rates dip slightly to 6.66%, but have doubled from a year ago

Next article

You may also like

Comments

Leave a reply

Your email address will not be published. Required fields are marked *

More in Latest News