Investors have taken a big chomp out of Beyond Meat’s stock price as fears grow that the popularity of plant-based food may have reached a peak. Shares of Beyond Meat\n \n were around $16 Wednesday. That’s down more than 75% this year, near an all-time low, and well below its peak price of near $235 in 2019 shortly after the company went public. So is the plant-based food craze a fad that’s already over? Not exactly.
“We see tremendous challenges for retailers here to just navigate around this unprecedented change that is happening and also the consumers who are really monitoring their household budget,” said Oatly CEO Toni Petersson on the company’s latest earnings conference call last month. These economic headwinds are likely to prompt Impossible Foods, which had been expected to go public sometime this year, to delay an initial public offering.
maybe if he ate meat he would not need to bite a nose.
He was starving from meat 😆 🤣
Why pretend to be mean? Just eat meat
Even their own executives clearly crave real meat
Does it have any health claims?
I’ve never understood why, if one doesn’t want to eat meat, one still wants to pretend to eat meat.
An embarrassment for our town, stacked with male leadership. He punched in a Subaru & bit someone’s nose. manrage beyondmeat
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