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Beyond Meat Stock Impressive Rise On Thursday, Outperforms Market

ViaNews Editorial Team

February 2, 2023

Beyond Meat Stock  Impressive Rise On Thursday, Outperforms Market
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(VIANEWS) - The NASDAQ ended the session with Beyond Meat (BYND) jumping 16.79% to $19.82 on Thursday while NASDAQ rose 3.25% to $12,200.82.

Beyond Meat's last close was $16.97, 75.07% below its 52-week high of $68.06.

About Beyond Meat

Beyond Meat, Inc. 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 store, convenience store and natural retailer channels, and direct-to-consumer, 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 $-0.85.

The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is negative -320.69%.

More news about Beyond Meat (BYND).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.