Can Blue Apron Stock Bounce Back After Last Week's 12% Drop?

Some meals end with indigestion. Shares of Blue Apron Holdings (NYSE: APRN)hit another all-time low last week. The meal-kit provider's stock declined 11.5% for the week, tumbling as the competition continues to heat up in its niche. There were no Blue Apron-specific headlines breaking during the week.

Investors just continue to bail on the stock as sales go the wrong way, and rival meal-kit providers gain ground at Blue Apron's expense.