Why Beyond Meat Stock Dropped 15% in August
Beyond Meat (NASDAQ: BYND) investors trailed the market last month as their stock lost 15% compared to a 2% decrease in the S&P 500, according to data provided by S&P Global Market Intelligence.
The decline just erased a small portion of the food company's big gains so far this year. Beyond Meat remains higher by roughly 150% since its initial public offering.
Image source: Getty Images.
Source Fool.com
