Beyond Meat slips ahead of earnings as analysts wonder if shares are overstretched

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

No analysts analysts that cover Beyond Meat have a 'buy' rating on the company's shares. The stock is up more than 800% since its IPO.

Beyond Meat's second-quarter earnings are due after market close Monday — its second report as a public company. Shares fell by as much as 14% early Monday before paring losses slightly by mid-morning. The stock had spiked 840% since Beyond Meat's initial public offering, through Friday. No analysts on Wall Street have a"buy" rating on Beyond Meat's stock, and have repeatedly questioned whether shares are overvalued. Watch Beyond Meat trade live on Markets Insider.

Beyond Meat's second-quarter earnings are due after market close Monday — its second report as a public company. Shares fell by as much as 14% early Monday before paring losses slightly by mid-morning. The stock had spiked 840% since Beyond Meat's initial public offering, through Friday. No analysts on Wall Street have a"buy" rating on Beyond Meat's stock, and have repeatedly questioned whether shares are overvalued. Watch Beyond Meat trade live on Markets Insider.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Are we cruel to animals because we eat meat? Or, are we cruel to animals, and the planet - because we think a dollar has more value and worth than life itself?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The earnings menu: Beyond Meat, Apple and a big bag of chipsBeyond Meat Inc. will be the appetizer for the coming week of earnings reports, with Apple Inc. as the main course and Big Oil serving as a dessert.
Source: MarketWatch - 🏆 3. / 97 Read more »

Beyond Meat shares tank ahead of earnings even though traders are expecting a beatBeyond Meat Inc. shares fell sharply Monday, ahead of the company's second-quarter earnings expected after the bell, even though hopes for the plant-based... Shorting the motherfucker Rock_Rogers Meat schlapt with a big round steak
Source: MarketWatch - 🏆 3. / 97 Read more »