With its third-quarter earnings report coming out next week, Blue Apron desperately needs to show progress in returning to growth. Though the deal is unlikely to move the needle for Blue Apron since it only serves one region of the country, it opens the door to potentially selling in Walmart stores, as Jet.com is a subsidiary of the retail giant. However, toward the end of the month Blue Apron got a much-needed boost from a new partnership with Jet.com, which became the first online retailer to sell Blue Apron meal kits, offering same-day delivery, but again only in the New York area. All Rights Reserved.Blue Apron continued to swoon in the following weeks, hitting an all-time low at $1.02 as the stock was pressured by the market rout. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2019 and/or its affiliates. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. Factset: FactSet Research Systems Inc.2019. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes.
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