Beyond Meat Stock Went Down By Over 31% In The Last 21 Sessions

(VIANEWS) – Shares of Beyond Meat (NASDAQ: BYND) slid by a staggering 31.41% in 21 sessions from $14.74 at 2023-04-17, to $10.11 at 14:52 EST on Tuesday, after two consecutive sessions in a row of gains. NASDAQ is rising 0.08% to $12,374.87, following the last session’s upward trend.

Beyond Meat’s last close was $10.68, 76.05% below its 52-week high of $44.59.

About Beyond Meat

Beyond Meat, Inc. develops, manufactures, markets, and sells plant-based meat products in the United States and internationally. The company sells a range of plant-based meat products across the platforms of beef, pork, and poultry. It sells its products through grocery, mass merchandiser, club, convenience, and natural retailer channels, as well as various food-away-from-home channels, including restaurants, foodservice outlets, and schools. The company was formerly known as Savage River, Inc. and changed its name to Beyond Meat, Inc. in September 2018. Beyond Meat, Inc. was founded in 2009 and is headquartered in El Segundo, California.

Earnings Per Share

As for profitability, Beyond Meat has a trailing twelve months EPS of $-6.02.

More news about Beyond Meat (BYND).

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