VTYX - Why Beyond Meat Shares Are Trading Higher By Around 56%; Here Are 20 Stocks Moving Premarket | Benzinga
Shares of Beyond Meat, Inc. (NASDAQ: BYND) rose sharply in today’s pre-market trading as the company reported stronger-than-expected sales for its fourth quarter.
Beyond Meat said fourth-quarter revenues decreased 7.8% year-over-year to $73.7 million, which beat consensus estimates of $66.66 million. The plant-based meat company reported a fourth-quarter loss of $2.40 per share, versus a loss of $1.05 per share in the prior year’s quarter.
The company expects full-year 2024 revenues to be between $315 million and $345 million.
Beyond Meat shares jumped 56% to $11.73 in pre-market trading
Here are some other stocks moving in pre-market trading.
Gainers
- Nauticus Robotics, Inc. (NASDAQ: KITT) gained 80% to $0.55 in pre-market trading.
- Bit Brother Limited (NASDAQ: BETS) shares rose 68.7% to $4.20 in pre-market trading.
- Avalon GloboCare Corp. (NASDAQ: ALBT) shares surged 33.4% to $0.4950 in pre-market trading after dipping 8% on Tuesday.
- Flywire Corporation (NASDAQ: