Beyond Meat CEO Ethan Brown told Bloomberg news that he's focused on the long term and isn't selling his shares anytime soon after their recent sell-off. The stock rose as much as 8% Wednesday, following a 24% single-day plunge spurred by the expiration of the company's post-initial public offering lockup period. Investors concerns that increased competition will constrict Beyond's future growth have also depressed shares.
Beyond Meat CEO Ethan Brown told Bloomberg news that he's focused on the long term and isn't selling his shares anytime soon after their recent sell-off. The stock rose as much as 8% Wednesday, following a 24% single-day plunge spurred by the expiration of the company's post-initial public offering lockup period. Investors concerns that increased competition will constrict Beyond's future growth have also depressed shares.
Ipo maxout July 26, 2019 at 239. Now 90.
Time to get a new CEO
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