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0 -9.75609756097453E-05 -0.000158536585365917 -0.0120853658536585 -0.0121951219512197 -0.00243902439024407 -0.00731707317073177 0.0048780487804877
Stock impact report

Down 8% This Year, Will Beyond Meat Stock Recover Following Q1 Results? [Forbes]

Beyond Meat, Inc. - Common stock (BYND) 
Last beyond meat, inc. - common stock earnings: 2/27 04:05 pm Check Earnings Report
Company Research Source: Forbes
Beyond Meat experienced a surge in it's stock price of Tuesday after the maker of plant-based meat substitutes topped market expectations for fourth-quarter revenue. (Photo by Scott Olson/Getty Images) (NASDAQ : BYND), a plant-based meat alternative company, is scheduled to report its fiscal first-quarter results on Wednesday, May 8. We expect BYND's stock to likely trade lower with revenues and earnings missing expectations in its first-quarter results. BYND stock has dropped 37% in the last twelve months, largely underperforming the broader indices, with the S&P growing about 24% over the same period. A high inflation rate has caused shoppers to be less willing to pay a premium for plant-based protein products in the post-pandemic period. The company has been facing challenging revenue and considerable cash burn for about three years now. The company's stock has declined thanks to the combination of inflation, pandemic-related shifts in demand, and rising competition. Beyond Meat' Show less Read more
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