Why Beyond Meat Stock Was Sliding Today
Beyond Meat(BYND) The Motley Fool·2024-11-08 01:52
Shares of the alternative meat company are still losing money.Shares of Beyond Meat (BYND -10.49%) continued to struggle in the third quarter, as the plant-based meat producer posted disappointing bottom-line results, though it did return to top-line growth.As of 11:51 a.m. ET, the stock was down 10.6% on the news. Beyond Meat improves, but losses are still mountingIt was the first quarter of revenue growth for the plant-based meat company in three years, as the top line increased 7.6% to $81 million, which ...