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Unready to step on the stage, unlikely to step off

Welcome to Wall Street, Blue Apron, but what are you doing here? That's a question making the rounds among a few investors Thursday as the meal delivery outfit publicly reported financial results for the first time since its IPO. Yet for both financial and philosophical reasons, an imminent sale of Blue Apron is unlikely. Nonetheless, we would hasten to add that at its current valuation, shares are priced to move.

Brenon Daly

Research Director, Financials