Beyond Meat is a Los Angeles-based producer of plant-based meat substitutes founded in 2009. After a very successful IPO in 2019 the company managed to scale to 80 countries. Learn the latest information and analysis on the company, BYND stock price today, stock news, how much one share costs and other information to help you make investment decisions. Check Gainy app to see insights on stock prices and more.
Buying this company was recently seen as an investment into a more sustainable and healthy future. However, it was overvalued and had no profits that could justify its price. The stock just kept falling after the initial IPO highs. It’s an interesting company to include, with a low-mid market cap of $2.9 billion, barely crossing the $2 billion threshold for what’s considered a mid-cap stock.
After the beginning of the conflict in Ukraine the markets are in turmoil, and the cycle of growth companies is on its way down. The Beyond Meat stock price is 80% down from its IPO highs, and 70% down from its average levels. But still it’s a good idea to keep an eye on its future price to possibly invest in the future. You know, maybe one day.
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