Blue Apron stock suffers as Weight Watchers gets into meal kits

Blue Apron stock suffers as Weight Watchers gets into meal kits

Life has not been pretty for Blue Apron, the meal-kit company that went public last June. Today, Blue Apron’s shares dropped to a record low following Weight Watchers announcing it would launch its own meal kits to be sold in grocery stores. At its lowest, Blue Apron was trading at $2.02 per share. The meal-kit …