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Why Beyond Meat Fell by 11% Today Before Recovering

·2-min read
Why Beyond Meat Fell by 11% Today Before Recovering
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In a bearish atmosphere, stock investors can occasionally be oversensitive about fairly minor developments. The company's shares were driven down by over 11% in early trading on a fairly minor development with a rival. Monday morning, Bloomberg reported that Beyond Meat's privately held peer Impossible Foods had terminated a clutch of its employees.

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