Why Beyond Meat Lost 18% in November
Shares of Beyond Meat (NASDAQ: BYND) were among the losers last week as the once high-flying growth stock reported disappointing results in its third-quarter earnings report in November.
As a result, the stock finished the month down 18%, according to S&P Global Market Intelligence. As you can see from the chart below, the stock fell early in the month on the earnings report and stayed down from there even as the broad market gained on hopes following the election, and generally strong economic data and earnings results.
Source Fool.com
