Investing.com - Blue Apron Holdings Inc (NYSE:APRN) shares steadied in the after hours after the company clarified reports that the company is laying off 24% of its workforce. Shares tumbled during Friday's regular session following various reports that the closure of a facility in New Jersey would result in a large layoff. However, Blue Apron said that most of the employees have accepted a transfer to a nearby facility that Blue Apron is completing. Employees who chose not to transfer will be laid off in October.
Blue Apron stock lost 6.3% in the regular session. They were even in the after hours.