- 4-Week # shares sold: 50,000
- 12-Week # shares sold: 50,000
- 24-Week # shares sold: 50,000
While meal kits are a $2.2 billion industry in the $1.5 trillion food industry, they are bound for exponential growth, according to the food consulting firm Pentallect, which forecasts that annual growth will be in the 25% to 30% range over the next five years.
Barclays analysts are doubtful about a rebound for the iconic American retailer.
Travelers Companies Inc. shares kept the Dow Jones Industrial Average afloat as insurance stocks enjoyed a rebound.