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Blue Apron shares up on smaller-than-expected loss

Blue Apron shares were up 6 percent in morning trading on Tuesday after the meal-kit maker reported a smaller-than-expected revenue drop and quarterly loss as a costly distribution hub switch forced it to slash marketing. Sales plunged 13 percent in the fourth quarter from a year earlier, with customers and orders both falling. Still, Blue...
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Source: New York Post

16:43, February 13, 2018 Reuters

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