Jim Cramer Says Beyond Meat Inc (NASDAQ:BYND) is “Way Too Risky” [Yahoo! Finance]
Beyond Meat, Inc. - Common stock (BYND)
Last beyond meat, inc. - common stock earnings: 2/27 04:05 pm
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Source: Yahoo! Finance
In this article we will take a deeper look at Beyond Meat Inc (NASDAQ:BYND) and find out whether Cramer's thesis holds any weight. Jim Cramer in a latest program said the "bulls" want the economy to slow down, they want rate cuts as well as a strong demand so that "their companies" won't have to worry about the yield curve and macroeconomic situation. Cramer highlighted that all of this is confusing, as it's not possible to have a weaker economy and yet see companies make a lot of money. Cramer also pointed to the latest data showing slowing manufacturing activity. The Institute for Supply Management's manufacturing purchasing managers index fell to 48.7 in May from 49.2 in April, while analysts were expecting the index to jump to 49.5. Cramer said that the economic activity in the manufacturing sector contracted for the 18 th time in the last 19 months. Cramer said the new orders contraction in May was a "little over frightening." Talking about the energy sector, Cramer said that
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BYND
News
- Beyond Meat launches next product in fourth generation formula lineup [Yahoo! Finance]Yahoo! Finance
- Beyond Meat Has a Brand-New Sausage It Wants You to Try [Yahoo! Finance]Yahoo! Finance
- Beyond Meat® Expands Beyond IV Product Line with the Debut of New Beyond Sausage® at Grocery Stores Nationwide, Including at Kroger and Whole Foods Market [Yahoo! Finance]Yahoo! Finance
- Beyond Meat® Expands Beyond IV Product Line with the Debut of New Beyond Sausage® at Grocery Stores Nationwide, Including at Kroger and Whole Foods MarketGlobeNewswire
- Packaged Burgers Industry Report 2024: An $11.3 Billion Opportunity by 2030, with Key Analysis of 72 Competitors Including Beyond Meat, Kellogg Company, and The Kraft Heinz Company [Yahoo! Finance]Yahoo! Finance
BYND
Earnings
- 5/8/24 - Miss
BYND
Sec Filings
- 6/18/24 - Form 4
- 6/13/24 - Form 4
- 6/13/24 - Form 4
- BYND's page on the SEC website