The Traderszone Network

Published in TZ Latest News 1 October, 2021 by The TZ Newswire Staff

Why Beyond Meat Stock Fell 12% in September

Shares of Beyond Meat (NASDAQ: BYND), the leading maker of plant-based meat substitutes, fell 12% in September, according to data from S&P Global Market Intelligence. This decline was likely due to continued downward pressure from second-quarter earnings and third-quarter revenue guidance falling short of Wall Street’s expectations, as well as broader market dynamics, as last month was a tough month for growth stocks.

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