Blue Apron hits all-time low Unlisted Video

Shares of meal-kit delivery service Blue Apron sank after Morgan Stanley slashed its price target to $6 from $21. The downgrade came after a recent 1-for-15 reverse stock split did little to boost Blue Apron shares, now trading at an all-time low of $6.58. The company has struggled since its IPO in mid-2017. Watch Blue Apron trade on Markets Insider. A popular meal-kit service may not be delivering for much longer.