Finance: Blue Apron sinks below its IPO price (APRN)

Less than 24 hours after it began trading, Blue Apron is in the red for the year.

Blue Apron went public Thursday, and barely eked out a gain.

The meal-kit delivery company ended trading at $10.01, just a penny higher than its initial public offering price of $10.

Now, Blue Apron is down 2.8% at $9.72.

Initially, Blue Apron shares were expected to price in the $15 to $17 range, but that range was lowered to between $10 and $11 on Wednesday morning.

Click here to follow Blue Apron's stock price in real time...

Less than 24 hours after it began trading, Blue Apron is in the red for the year. Read Full Story