Down 89% Since Its IPO, Is Beyond Meat Stock Too Cheap to Pass Up?
Beyond Meat(BYND) fool.com·2024-05-23 21:30
Is Beyond Meat a bargain buy or just a value trap?Beyond Meat (BYND -0.68%) was an exciting new stock to hit the markets in 2019. As a potential alternative to meat-based burgers, its plant-based products were definitely full of potential. But despite launching multiple products, Beyond Meat's business hasn't been taking off. In fact, sales have been declining of late.The company faces a challenging road ahead as it tries to generate sales growth while also paving a way to profitability. There's plenty of r ...