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Is It Time to Buy Beyond Meat Stock?

TheMotleyFool

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Beyond Meat (NASDAQ: BYND) shareholders might be in for another rough trading period ahead. The plant-based protein specialist is due to report fourth-quarter earnings on Feb. 23 and issue a detailed outlook for fiscal 2023.

Management's last few operating updates haven't contained much good news about the business, which is reeling from falling demand and spiking costs. Yet shares are up over 35% year to date.

Let's look at whether the stock's jump is setting investors up for more disappointment or if it's the start of a longer-term rally.

Source Fool.com

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