Bullboard - Stock Discussion Forum Beyond Meat Inc BYND

Consumer Defensive Packaged Foods

Beyond Meat, Inc. is a plant-based meat company offering a portfolio of plant-based meats. The Company has developed three core plant-based product platforms that align with the largest meat categories globally: beef, pork and poultry. The primary components of animal-based meat are amino acids, lipids, carbohydrates, trace minerals and water, which are not exclusive to animals and are... see more

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Beyond Meat Inc > Beyond Meat jumps despite earnings miss and job cuts

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Post by jonahg on Aug 08, 2022 1:52pm

Beyond Meat jumps despite earnings miss and job cuts

Shares of plant-based meat company Beyond Meat (BYND 4.13%) skyrocketed on Friday despite the disappointing numbers it put up for the second quarter. The broader market was trading lower during the session, analysts cut their price targets for Beyond Meat stock, and the company announced layoffs. Yet even with all of those things working against it, Beyond Meat was still up by a whopping 25.4% as of 1:30 p.m. ET. And short interest might have something to do with that bounce.

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