Blue Apron’s future could be in question after stock plummets yet again

Things just keep getting worse for Blue Apron.

After reporting yet another disappointing set of earnings last week, the company is now saying that a move from one New Jersey fulfillment center to another is incurring “unexpected costs.”

That was the last straw for many investors, who sent the company’s stock careening to new lows on Tuesday. 

Here’s the Blue Apron’s stock chart since going public at the end of June.

Image: google finance

Blue Apron chief financial officer Brad Dickerson told investors that the company is still training workers, and it could be months before the new facility is fully operational. Read more…

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