Why Beyond Meat Stock Was Tumbling This Week
Shares of Beyond Meat (NASDAQ: BYND) are having another rough week after the plant-based meat company issued another disappointing earnings report. The company missed bottom-line estimates, announced another round of layoffs and cost cuts, and its guidance for 2025 was below expectations.
According to data from S&P Global Market Intelligence, the stock was down 20.1% for the week as of Thursday at 1:00 p.m. ET.
Image source: Beyond Meat.
Source Fool.com
