Published on 29 Feb 2024 on Benzinga
Why Beyond Meat Shares Are Trading Higher By Around 56%; Here Are 20 Stocks Moving Premarket - ...
Shares of Beyond Meat, Inc. BYND rose sharply in today’s pre-market trading as the company reported stronger-than-expected sales for its fourth quarter.
Beyond Meat said fourth-quarter revenues decreased 7.8% year-over-year to $73.7 million, which beat consensus estimates of $66.66 million. The plant-based meat company reported a fourth-quarter loss of $2.40 per share, versus a loss of $1.05 per share in the prior year’s quarter.