Beyond Meat (BYND) Hits Record Low

Published: May 11, 2023, 10:06 p.m.

b"Beyond Meat (BYND) hits record low after a 1Q revenue decline. Jenny Horne discusses this move as BYND's 1Q revenue was down 16% year-over-year. She talks about how BYND filed for $200M offering of common shares. BYND adjusted EPS came in at -$0.92 versus an estimated -$1.01 and revenue came in at $92.20M versus an estimated $92.07M. BYND also maintained its 2023 outlook. Tune in to find out more about the stock market today."