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BYND - Beyond Meat Stock Is Down 20% This Year Time to Buy?
Beyond Meat Inc.
2024-05-10 09:00:00 ET
Beyond Meat Inc. (NASDAQ: BYND) continues to struggle with its mission of delivering "the future of protein" amid weak sales and large recurring losses. That trend continued as the plant-based meat leader posted its latest earnings report on May 8.
The market remains skeptical that the company can manage a growth rebound. The stock is now down more than 40% over the past year.
Is now the time to buy Beyond Meat, or are investors better off leaving this one off their plate?