BYND - What's Going On With Beyond Meat Shares Thursday? | Benzinga
Beyond Meat, Inc. (NASDAQ:BYND) shares are trading lower in the premarket session on Thursday after ending yesterday’s run with a mild 0.9% dip.
On Wednesday, after the closing bell, the company reported first-quarter financial results, where President and CEO Ethan Brown emphasized the company’s dedication for achieving sustainable and profitable operations.
The plant-based meat company’s first-quarter revenue decreased 18% year-over-year to $75.603 million.
In the wake of a surge in inflation, consumers are showing reduced inclination to fork out extra for plant-based protein products ...