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Stock impact report

Why Beyond Meat Lost 18% in November [Yahoo! Finance]

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
As a result, the stock finished the month down 18%, according to S&P Global Market Intelligence . As you can see from the chart below, the stock fell early in the month on the earnings report and stayed down from there even as the broad market gained on hopes following the election, and generally strong economic data and earnings results. Are You Missing The Morning Scoop? Wake up with Breakfast news in your inbox every market day. Sign Up For Free » Beyond Meat returned to growth in Q3, but the business continued to struggle, and expectations for a meaningful recovery seemed to dim. The stock fell 11% on Nov. 7 on the report. The plant-based meat producer posted revenue of $81 million in the quarter, up 7.6%, which edged out the consensus at $80.7 million. U.S. revenue rose 15% to $49.5 million, while the international segment struggled with revenue down 2% to $31.6 million. Gross profit improved from a loss of $7.3 million in the quarter a year ago to $14.3 million, givin Show less Read more
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