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Beyond Meat, Inc. (BYND)

NasdaqGS - NasdaqGS Real-time price. Currency in USD
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66.26-4.00 (-5.69%)
At close: 04:00PM EST
65.89 -0.37 (-0.56%)
After hours: 06:12PM EST
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  • c
    charles
    if it goes below 3-19-20 low of 48.19 i assume there will be no return for current stock holders. bk will result in assets being assumed by others or bond holders assuming ownership less what gov gives to current employees.
  • K
    K
    BYND must have been one of the Best Shorts of 2021!
    Wonder who (hedge funds?) are still holding the huge short postions...
    Seems, they know better where this outfit is heading to in the next few months !
  • C
    Cate
    There is a lot of talk on this site about market manipulators. Isn't stock manipulation illegal?
  • D
    Drill-Horizontal
    In January of this year, this was $221. Now $73 and change. Kind of says it all.
  • b
    bleaz
    By the way whoever bought 1000s of puts bought them in 70s, talk about manipulating a stock, they way out of the money so this person made a massive return
  • V
    Vijay
    2. Beyond Meat
    Beyond Meat's stock has been falling fast as it's down 36% in just three months. What was looking like it might be a promising year for the company amid reopenings has stalled due to the delta variant causing a spike in COVID-19 cases.  
    The company had a bad earnings report and the stock has become a better buy in November. Although sales of $106.4 million for the period ending Oct. 2 rose 13% year over year, the company disappointed investors with a net loss of $54.8 million that was more than double the $19.3 million loss it reported in the same period in 2020. Beyond Meat doesn't project a picture of getting much better in the final quarter of the year, as it expects net revenue to fall within a range of just $85 million to $110 million.
    There's no shortage of bearishness surrounding Beyond Meat right now. But heading into next year, a lot can change. What's important is that the company has some great growth opportunities in place.
    Beyond's sales were up 13% this past quarter, but that was driven primarily by growth in the international markets, where revenue more than doubled to $38.9 million. In the U.S. market, sales of $67.5 million declined by 14%.
    However, if supply-chain issues resolve next year and COVID-19 case numbers come down as people receive booster shots, there's reason to believe that the U.S. numbers could strengthen with a return to normalcy in the economy. And fast-food restaurant McDonald's recently launched its McPlant burger (which features a Beyond Meat patty) in multiple U.S. cities. If successful, that could also lead to some improved financials for Beyond in 2022.
    Although the growth stock is beaten up today, a year from now, today's price could look like a bargain.
  • B
    Ben
    It’s lliterally just a veggie burger folks
  • C
    Cate
    K: why did you say the ultimate rout would be with a big drop on big volume. The gushing down has been on lower than average volume with a single day's exception.
  • S
    Shorts_Own_Board
    remember what I said at 130. this was easy. You can see right through this non-sense. Just because you have a "dream" doesn't mean your investment will pay off. no revenue growth, no earnings, all these partnerships big deal. I am sticking with a $50 target. Don't laugh, only 20 points away.
  • K
    K
    BYND will NOT make it...
  • D
    David
    For glue and food coloring, there is always the McRibb. And it comes with lots of tasty, sugary sauce. It, too, is beyond any form of real meat.
  • T
    Tammy
    Analysts are predicting a low of 54.00
  • B
    Barnacle Barney
    July 2019, at $234 bids, was the best exit. Pass the porkchops at 1/3 the price ?
  • K
    K
    MMs will pump up to short during the last half hour & early morning tomorrow...
    BYND is a dead company!
  • T
    Trump, D
    I remember the long’s saying BYND was just like Amazon. Lol
  • S
    Shorts_Own_Board
    Remember my post. 18 points to $50. "18". love it.
  • J
    JUAN
    Whoever shorted this at $100 is either a genius or a lucky SOAB…wow
  • K
    K
    Any other stock that lost 70% of the market cap during the last 8 months, this year?
  • F
    First
    I didn't expect it would go down to $66. Also this seem like the longest stretch where BYND does not release some partnership PR !!!
  • S
    Shorts_Own_Board
    wow..... yummy yummy