Is This Why Blue Apron Holdings, Inc. Stock Plummeted Tuesday?
Shares of fresh-food delivery company Blue Apron (NYSE: APRN) fell as much as 17% on Tuesday. The stock is down about 15% at the time of this writing.
It's not clear exactly what's causing the large sell-off. But Blue Apron CEO Matt Salzberg and CFO Brad Dickerson notably participated in the RBC Capital Markets 2017 Technology, Internet, Media, and Telecommunications Conference in New York on Tuesday morning, so the stock's pullback could reflect reactions to management commentary during the event.
Image source: Getty Images.
Source: Fool.com