Blue Apron latest to suffer in tough meal-kit market

Subscription meal kit Blue Apron said Monday it could be delisted from the New York Stock Exchange because its closing share price has been lower than $1 since early May. The company’s share price closed down 8% Monday to 68 cents. Blue Apron said it will try to raise its stock price with a reverse stock split, which will be subject to a vote of its shareholders at the company’s annual meeting June 13.