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APRN - Blue Apron receives non-compliance notice from NYSE
Blue Apron Holdings Inc. Class A
Blue Apron ( NYSE: APRN ) said on Friday it received a notice from the New York Stock Exchange stating that it was not in compliance with the listing standards, which requires it to maintain a minimum average closing price of at least $1 per share over a consecutive 30-day trading period and an average global market capitalization of at least $50M.
The company plans to notify the NYSE by January 6 on a plan to cure both the global market capitalization listing standard.