Blue Apron Holdings Inc. cut the expected range for the pricing of its initial public offering to $10 to $11 a share, from the previous expected range of $15 to $17 a share. With the company still offering 30 million shares of Class A common stock in the IPO, the amount the meal-kit delivery company is expected to raise was reduced to up to $330 million from up to $510 million. The stock has been approved to list on the NYSE under the ticker symbol “APRN.” Since the previous expected price range was disclosed on June 19, the NYSE Composite has lost 1.0% and the S&P 500 has declined 1.4%.
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