Impossible Foods CEO's message to BBQing investors: We could end up selling the company [Yahoo! Finance Canada]
Beyond Meat, Inc. - Common stock (BYND)
Last beyond meat, inc. - common stock earnings: 2/27 04:05 pm
Check Earnings Report
Company Research
Source: Yahoo! Finance Canada
is now thinking that a much-bantered-about IPO may not be the best idea for its investors. 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. ADVERTISEMENT 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
Show less
Read more
Impact Snapshot
Event Time:
BYND
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BYND alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BYND alerts
High impacting Beyond Meat, Inc. - Common stock news events
Weekly update
A roundup of the hottest topics
BYND
News
- EU member states cannot ban ‘meaty' names for vegetarian foods, court rules [Yahoo! Finance]Yahoo! Finance
- India's emerging plant-based meat market offers opportunities but hard work lies ahead [Yahoo! Finance]Yahoo! Finance
- The Plant-Based Meat Market is projected to grow by USD 27.29 billion from 2024-2028, driven by new product launches and AI driven market transformation- Technavio [Yahoo! Finance]Yahoo! Finance
- Australia's Proform Foods liquidated from administration process [Yahoo! Finance]Yahoo! Finance
- The Trump Trade No One Is Talking About [Forbes]Forbes
BYND
Earnings
- 8/7/24 - Miss
BYND
Sec Filings
- 9/18/24 - Form 4
- 9/16/24 - Form 4
- 9/16/24 - Form 4
- BYND's page on the SEC website