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Stock impact report

Why Beyond Meat Stock Just Dropped [Yahoo! Finance]

Beyond Meat, Inc. - Common stock (BYND) 
Last beyond meat, inc. - common stock earnings: 2/27 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
10 stocks we like better than Beyond Meat › Beyond Meat (NASDAQ: BYND) stock tumbled 8.1% through 1:50 p.m. ET Tuesday after making a pair of filings with the SEC . The upshot of the news: Beyond Meat is preparing to dilute its shareholders We just don't know by how much yet. On Monday, after the close of trading, Beyond Meat filed a Form S-3 prospectus, advising of plans to issue "Common Stock, Preferred Stock, Debt Securities, Warrants, Purchase Contracts, Units." The company said it "may offer and sell the securities identified above," "from time to time," and "in one or more offerings," without giving further detail. "Specific information about the offering and the amounts, prices and terms of the securities" won't be divulged until the offering is made. This morning, the second shoe dropped. In an 8-K filing, Beyond Meat advised (1) it plans to repay its lenders in stock rather than in cash (and that stock will dilute current shareholders), and (2) it will reduce the e Show less Read more
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