Blue Apron ramps marketing back up, revenue drop smaller than feared

NEW YORK (Reuters) - Blue Apron Holdings Inc (APRN.N) shares jumped 9 percent in premarket trading on Tuesday after the meal-kit maker reported a smaller-than-expected revenue drop and quarterly loss as a costly distribution hub switch forced it to slash marketing. Sales plunged 13 percent in the fourth quarter from a year earlier, with customers and orders both falling. Still, Blue Apron said ...