Beyond Meat (BYND) Demand Drops, Gets Downgraded
Schwab Network
English - December 09, 2022 23:42 - 3 minutes - 37.4 MB - ★★★★★ - 23 ratingsNews Commentary News Business News business news news commentary news Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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The demand for plant-based protein has fallen amid weaker economic conditions, according to an Argus analyst. Jenny Horne joins Oliver Renick to discuss Beyond Meat (BYND). She notes that it has been downgraded to sell from hold at Argus. She talks about how BYND has been hurt by increased competition from other markets of plant-based protein. Tune in to find out more about the stock market today.