Why Is Beyond Meat (BYND) Stock Up 62% Today?
BYNDBeyond Meat(BYND) InvestorPlace·2024-02-28 21:09

Beyond Meat (NASDAQ:BYND) stock is on the rise Wednesday following the release of the plant-based meat alternative company’s earnings report for the fourth quarter of 2023. That earnings report includes revenue of 73.7millionforQ42023.Thatsbetterthanthe73.7 million for Q4 2023. That’s better than the 67.92 million in revenue that Wall Street was expecting for the quarter. Even if it’s down 7.8% year-over-year from $79.94 million. Beyond Meat notes that its revenue beat is thanks to increased international sales even as demand in the U.S. weake ...