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0.00199806894984948 0.00238541489180432 0.00357698642585329 -0.00255580166979052 0.00465723859828473 0.00460044300562261 -0.00346453115238265 0.00028397796330995
Stock impact report

Here's Why Beyond Meat Tumbled Stock as Much as 19.9% Today [The Motley Fool]

Beyond Meat, Inc. - Common stock (BYND) 
Last beyond meat, inc. - common stock earnings: 2/27 04:05 pm Check Earnings Report
Company Research Source: The Motley Fool
Here's Why Beyond Meat Tumbled Stock as Much as 19.9% Today The animal-free protein company reported full-year 2019 operating results and provided guidance for the year ahead. Shares of Beyond Meat ( NASDAQ:BYND ) dropped nearly 20% today after the company reported fourth-quarter and full-year 2019 operating results. The animal-free protein developer turned in a solid year of operations and easily topped Wall Street expectations. Despite that, analysts appear to be disappointed by full-year 2020 guidance. Beyond Meat expects another strong year of revenue growth, but also forecast higher operating losses in the beginning of 2020 as investments in marketing, manufacturing, and research and development ramp up. As of 11:55 a.m. EST, the growth stock had settled to a 16.2% loss. Beyond Meat generated one-third of its total annual revenue in the fourth quarter of 2019. The business reported full-year 2019 revenue of $297.9 million, marking year-over-year growth of 238%. The company's ini Show less Read more
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