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BYND - McDonald's Says Beyond Meat Burger Test Failed. What Could It Mean for Investors?
Beyond Meat Inc.
2024-07-01 09:08:00 ET
It's been a difficult few years for Beyond Meat 's (NASDAQ: BYND) stock, which is down 96% over the past five years, including falling 23% year to date.
The company recently received more negative headlines when McDonald's (NYSE: MCD) discussed how two test markets using its plant-based burgers had failed.
Let's take a closer look at the news, the issues the company has been facing, and what investors should do with the stock.