Proxy icon shows ~ in directory stack only when no files open

[mcdado]

Prerequisites

• Put an X between the brackets on this line if you have done all of the following:
  • Reproduced the problem in Safe Mode: http://flight-manual.atom.io/hacking-atom/sections/debugging/#using-safe-mode
  • Followed all applicable steps in the debugging guide: http://flight-manual.atom.io/hacking-atom/sections/debugging/
  • Checked the FAQs on the message board for common solutions: https://discuss.atom.io/c/faq
  • Checked that your issue isn't already filed: https://github.com/issues?utf8=✓&q=is%3Aissue+user%3Aatom
  • Checked that there is not already an Atom package that provides the described functionality: https://atom.io/packages

Description

From Terminal, in a folder like ~/Sites/<project>, when running atom . (--safe too), this happens:

Steps to Reproduce

1. Launch Atom in a directory underneath your home directory from Terminal using atom .
2. Close any open files
3. Right-click the proxy icon

Expected behavior: Proxy icon stack should show a correct file path

Actual behavior: Proxy icon shows ~ in the file path

Versions

You can get this information from copy and pasting the output of atom --version and apm --version from the command line. Also, please include the OS and what version of the OS you're running.

atom --version
Atom    : 1.14.4
Electron: 1.3.13
Chrome  : 52.0.2743.82
Node    : 6.5.0

apm --version
apm  1.15.3
npm  3.10.5
node 4.4.5 x64
python 2.7.13
git 2.12.0

macOS 10.12.3 (16D32)

Additional Information

Any additional information, configuration or data that might be necessary to reproduce the issue.

[lee-dohm]

Confirmed using Atom v1.14.4 on Mac OS X 10.12.3.

With a file open:

With no files open: