Why Beyond Meat Plunged by 29% in November

·2 min read
Why Beyond Meat Plunged by 29% in November

Shares of Beyond Meat (NASDAQ: BYND) fell by 29% in November, according to data provided by S&P Global Market Intelligence. The decline has extended the fall in the plant-based meat producer and distributor's share price to 44% year to date. In the U.S., net revenue declined by 13.9% year over year to $67.5 million due to lower overall demand coupled with supply chain issues.

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