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0 0 -0.00146412884333818 0 0.00439238653001468 0.00439238653001468 0.00437774524158133 0.0225768667642753
Stock impact report

Impossible Foods CEO's message to BBQing investors: We could end up selling the company Fri, Jul 5, 2024, 2:08 PM GMT+2 4 min read 0 Beyond Meat, Inc. (BYND) NasdaqGS - Nasdaq Real Time Pr...

Beyond Meat, Inc. - Common stock (BYND) 
Last beyond meat, inc. - common stock earnings: 2/27 04:05 pm Check Earnings Report
The alternative: a sale of the entire company within a couple of years. "It's one option," Impossible Foods CEO Peter McGuinness said on Yahoo Finance's Opening Bid podcast when asked about the possibility of a sale (video above or listen here ). "And that could get Impossible in more places and actually achieve the mission faster. Investors could get a good return, and employees could get a good return on their equity." McGuinness also didn't rule out a "sizable" capital raise or that often-discussed IPO, but floating a sale is a new wrinkle to the end game for the plant-based meat maker. The company's last capital raise tallied $500 million in November 2021. McGuinness conceded that Impossible Foods — founded in 2011 by Dr. Pat Brown — is not yet profitable despite a few rounds of layoffs. The losses reflect a pullback in demand for plant-based meat and inefficiencies in the business. The former Chobani COO has been working to improve its operations since joining the compan Show less Read more
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