Advertisement
Australia markets open in 3 hours 36 minutes
  • ALL ORDS

    8,012.10
    +1.60 (+0.02%)
     
  • AUD/USD

    0.6657
    -0.0016 (-0.25%)
     
  • ASX 200

    7,769.40
    -0.30 (-0.00%)
     
  • OIL

    82.34
    +0.77 (+0.94%)
     
  • GOLD

    2,372.40
    +25.50 (+1.09%)
     
  • Bitcoin AUD

    97,761.00
    +562.30 (+0.58%)
     
  • CMC Crypto 200

    1,363.40
    -19.26 (-1.39%)
     

3 Reasons to Avoid Beyond Meat Stock

3 Reasons to Avoid Beyond Meat Stock

Beyond Meat's industry has been contracting for more than a year now, yet management still doesn't have a good grasp on where demand trends are headed. "We are disappointed by our overall results," CEO Ethan Brown said in an early November press release. Its gross profit margin did improve, rising to a 9% loss from an 18% loss.