Meal-kit maker Blue Apron‘s (NYSE: APRN) public debut in late June was one of the most disappointing IPOs in recent history. The company went public at $10 per share, but it’s already shed about a quarter of its value.
Unfortunately for Blue Apron, things could get much worse. Let’s examine five red flags which indicate that the company’s high-growth days are over.
Image source: Blue Apron.