|From: mflutie1 (Rep: 23)||Date: 01/28/2020 12:03|
|Forum: Beyond Meat - Msg #579||Thread #674119525 (Rec: 0) |
|once BYND starts on the downslope, the slide is epic|
Beyond Meat Stock Is Falling. There Isn’t Much Upside Left, Analyst Says.
,Barrons.com•January 28, 2020
Alternative protein startup (BYND) has been hit with a double whammy. J.P. Morgan analyst Ken Goldman downgraded shares on Tuesday from the equivalent of Buy to Hold, following on the heels of a court ruling on Monday that went against Beyond Meat in a dispute with a former contract manufacturer. The confluence of bad news pushed shares down 1.4% in premarket trading Tuesday.
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