Why Beyond Meat (BYND) Stock Is Nosediving

By Yahoo! Finance | Jul 18, 2024 at 12:21 PM EST

Shares of Beyond Meat fell 18.4% in pre-market trading due to reports of potential balance sheet restructuring. Investors lack faith in the company's performance, with poor Q1'24 results and high volatility. Despite this, the company's future gross margin and profit guidance provide some hope.

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