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Blue Apron soars after beating fourth-quarter estimates (APRN)

Blue Apron's stock was up 8.45% in early Tuesday trading after it reporting better-than-expected earnings. The company did not lose as much in revenue and earnings as expected, particularly after it switched distribution hubs in a costly move that forced the company to cut its marketing budget. It was still trading below its IPO price of $10 to $11 per share. Watch Blue Apron's shares move in real time here.
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