Plant-Based Food Stocks Beyond Meat, Oatly Face Reboot

Plant-Based Food Stocks Beyond Meat, Oatly Face Reboot

This photo illustration shows Oatly oat milk on May 20, 2021 in Chicago, Illinois. Scott Olson | Getty Images Wall Street seems to be unhappy with plant-based substitutes. Shares of Beyond Meat and Oatly have lost more than half their value this year. Stocks are both high-profile and relative recent public market entries, prone to … Read more

Beyond Meat (BYND) Q1 2022 earnings miss estimates

Beyond Meat (BYND) Q1 2022 earnings miss estimates

Beyond Meat posted a bigger-than-expected first-quarter loss on Wednesday as the launch of new plant-based jerky weighed heavily on margins. The company’s shares fell 25% in extended trading, adding to the stock’s losses since the start of the day. Shares of Beyond closed down 13.8% on Wednesday ahead of the company’s earnings report. Here’s what … Read more

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