Why Beyond Meat Stock Plummeted Again Today
On Thursday, a clutch of stocks on the market were in recovery mode and closed higher. You'd never know that from the performance of Beyond Meat (NASDAQ: BYND), though, as the alt-protein purveyor's shares tumbled again (by over 4%) in the wake of a very disappointing earnings release.
After that first-quarter earnings report, which dropped after market hours Wednesday, a raft of analysts adjusted their price targets on Beyond Meat stock downwards.
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Source Fool.com
