Why Is Everyone Talking About Beyond Meat Stock?
Beyond Meat (NASDAQ: BYND) disappointed investors with its dismal second-quarter report in early August, which featured weak guidance for the rest of the year and plans to lay off 4% of its workforce. But over the past two months, things got even worse for the plant-based meat maker as it made the news for all of the wrong reasons.
First, Chief Operating Officer Doug Ramsey was arrested in late September for an alleged assault at a college football game. Ramsey was subsequently suspended and left the company earlier this month.
Image source: Beyond Meat.
Source Fool.com
