newsCO.com.au –Biggest tech fails of 2017

December 11, 2017

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2017-12-11 00:00:16

Though Blue Apron isn’t a tech company, its stock got “shellacked,” as we put it in August, “on the idea that Amazon will copy the [meal-kit delivery] model and do it better.” Originally offered at $10 a share, Blue Apron’s stock fell to about $3 at one point in December, though Barclays, one of the bulls on Snap Inc., proffered that a “stabilization point” might have been reached.

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