Previous close | 0.5600 |
Open | 0.5600 |
Bid | 0.2600 |
Ask | 0.5800 |
Strike | 27.00 |
Expiry date | 2025-01-17 |
Day's range | 0.5600 - 0.5600 |
Contract range | N/A |
Volume | |
Open interest | 580 |
The recent meme stock moment might be thought of as an indication that exuberance has once again gone too far. But this time, a closer look at seven key meme stocks shows that it might be a perfectly good sign for the market.
“We really do believe we are at the early stages of a pivotal and terrific year for Beyond Meat,” President and CEO Ethan Brown said during a conference call with investors. International retail sales fell 12%, reflecting lower demand for plant-based chicken, Beyond Meat said.
Plant-based protein company Beyond Meat (NASDAQGS:BYND) reported results in line with analysts' expectations in Q1 CY2024, with revenue down 18% year on year to $75.6 million. The company's outlook for the full year was also close to analysts' estimates with revenue guided to $330 million at the midpoint. It made a non-GAAP loss of $0.72 per share, improving from its loss of $0.91 per share in the same quarter last year.