Outside of reading companies’ fundamentals, investing often comes down to reading current market signals against the stock’s daily price. When investors are more confident that the stock price is lower than it should be, they engage in
Investors should note that short interest data is typically reported with a hefty delay. Although settlement dates for days to cover are for the end of July, these stocks have ongoing bearish interest due to their distinct particularities.) has 41% of its float shorted. Although year-to-date BYND stock is down 25%, it has been flat over the last month at -0.6% return. On August 7th, the plant-based meat company posted its Q2 financial results, showing a continued 8.8% YoY revenue decline to $93.
To that end, Beyond Meat’s 4th generation products, Beyond Burger and Beyond Beef, launched in April, having switched to monosaturated avocado oil. This appears to have had the intended effect as US retail channels showed 20.5% increased net revenue per pound year-over-year. In July, the FDA approved Phathom’s vonoprazan in tablet form as the drug exited positive Phase 3 study. Ending June 30th quarter, the company reported an accumulated deficit of $1.1 billion, up from $928.6 million in the year-ago quarter.
Relying on the psychology of scarcity for timed discounts, Groupon gets a mediating commission out of each customer funneled to the local merchant. In Q2 earnings, Groupon reported a 3% YoY decline in $124.6 million revenue. Although this amounted to $9.4 million net loss for the quarter, it was still lower from the $12 million net loss in the year-ago quarter.
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