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NSRGF - Beyond Meat: An Update On Where We Are Now
Nestle S.A Reg Ord
I've outlined my bearish stance on Beyond Meat (BYND) on five previous occasions, with the two biggest legs of my thesis being mounting competition from well-heeled players as well as an astronomic stock valuation. For those interested, I'd recommend reading my previous articles to get an in-depth overview of the competition as well as to understand why my price target is set at sub $40.
Given that my last article is already two and a half months old, today I'd like to review ensuing developments as they impact my short case as