NEW YORK, Ma– Today, Weight Watchers International, Inc. Weight Watchers Showcases Partnerships with Gibson Overseas, Inc., FreshRealm, LLC, and New Member and Brand Ambassador Chef Eric Greenspan at the 2018 International Home + Housewares Show INSPIRE HEALTHIER HABITS AT HOME AND ON-THE-GO Some analysts have said an acquisition by a major grocery chain like Walmart could also help improve access to Blue Apron’s meal kits.WEIGHT WATCHERS LAUNCHES WW HEALTHY KITCHEN™ TO This week’s rebound underscores the potential opportunities ahead for the company. The company remains 89% below its $10 a share offering price. As publications like the Wall Street Journal and the Los Angeles Times began writing stories about the new menu this week, the stock continued to rise.Īs of Friday’s close, Blue Apron shares had risen to $1.12 a share, or 73% above its low this month. 26, one week before many people set New Year’s resolutions for healthier diets.īlue Apron’s stock hit a record low of 65 cents a share around the time the partnership was announced. The new meal kits-which include recipes like Crispy Baked Chicken, Garlic Shrimp, and Sweet Potato Chile-became available on Dec. 21, when the company announced it would partner with Weight Watchers, which now goes by the name WW Inc., to deliver meal kits based on WW Freestyle recipes.
The rebound in Blue Apron’s stock began on Dec. That level not only carries a symbolic meaning for investors-below it, an issue is considered a penny stock, a designation that deters some shareholders-but the New York Stock Exchange will often delist stocks that trade below $1 a share for more than 30 days.
Blue Apron’s stock surged 22% Friday, rising back above the $1 a share level for the first time since Dec.
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