Beyond Meat Inc (NASDAQ:BYND) was surrounded with much fanfare when it debuted as a publicly-traded company. However, the hype seems to have faded, and the market appears to have turned against the maker of fake meat. BYND stock has tanked 40% since almost hitting $240 per share at the end of July.
Since the company went public three months ago, investors have exceptionally enjoyed an 840% gain from the IPO price of $25 per share. The fall from grace of Beyond Meat was not inevitable, it was certainly expected, and for investors, the decline is not ...
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