Shares of Beyond Meat (NASDAQ: BYND) stock dropped 31% in August, according to data provided by S&P Global Market Intelligence. Beyond Meat was a stock market darling when it went public in 2019. It was demonstrating incredibly high growth, including several quarters of triple-digit sales growth.
Beyond Meat (NASDAQ: BYND) came public with a lot of hype but hasn't lived up to it. In this video, Travis Hoium shows why the company's growing losses make this a stock worth staying away from. *Stock prices used were end-of-day prices of Aug.
Shares of Beyond Meat (NASDAQ: BYND) were taking a dive as the plant-based meat company posted another round of dismal results in its latest earnings report. According to data from S&P Global Market Intelligence, the stock was down 17.3% as of Thursday's close.