Beyond Meat Stock Drops After Latest Earnings Report

Schwab Network

English - November 10, 2020 19:39 - 4 minutes - 29.5 MB - ★★★★★ - 23 ratings
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Chris Vermeulen and Ryan Patel say that the Beyond Meat (BYND) surprise stock loss is due to the Covid-19 toll on restaurants and the food services industry. However, the McDonald's (MCD) partnership will boost sales and add a layer of a more stable revenue stream.