|Bid||1,920.00 x N/A|
|Ask||1,931.00 x N/A|
|Day's range||1,845.02 - 1,990.00|
|52-week range||1,845.02 - 4,240.00|
|Beta (5Y monthly)||1.63|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
The maker of plant-based meat substitutes released preliminary results for the third quarter, warning that its growth would fall far short of its forecast. Beyond Meat said in a press release that the company was reducing its third-quarter net revenue outlook after reviewing its preliminary results. This marks a sharp deceleration from the company's recent growth rate.
The shares of Beyond Meat are down by roughly 14% over the past 24 hours after the company lowered its third-quarter revenue outlook following some operational setbacks.
Yahoo Finance's Brian Sozzi, Brian Cheung, and Julie Hyman break down how Chipotle, Boston Beer, VF Corp, and Beyond Meat are faring in Friday’s market.