U.S. equities finished mixed on Friday, a quiet end to what was an exciting and volatile month. In the end, the Dow Jones Industrial Average gained 0.3%, the S&P 500 gained 0.2%, the Nasdaq Composite lost 0.1% and the Russell 2000 lost 0.1%. Treasury bonds weakened, the dollar was slightly stronger, gold lost 0.3% and oil climbed for the seventh straight session up 2.5%.
Most likely, you already know about Blue Apron’s IPO set for June 28th. Blue Apron (NYSE: APRN) is going public with a target price set between $15 to $17. This will put the companys valuation at between roughly $2.9 to $3.2 billion. Given the general hype around the company, the difficulty of finding good deals in the stock market and especially tech industry, as well as the overall....More>>>