All articles tagged with #bynd
Originally Published 3 months ago — by TipRanks
Beyond Meat's stock (BYND) declined following the company's announcement of an exchange offer, which may have impacted investor confidence and caused the stock to sink.
Originally Published 1 year ago — by Yahoo Finance
Beyond Meat's stock surged after the company's fourth-quarter earnings call, where it revealed plans to reduce expenses and achieve profitability by 2024 through pricing actions, new product launches, and expense discipline. The company's cost-cutting measures and potential balance sheet boost in 2024 have boosted investor confidence, despite some concerns about liquidity and debt obligations. The stock's rally is attributed to signs of positive developments, including better profit margins and revenue realignment within the product portfolio.