Published on 21 Jan 2022 on Market Watch
Shares of Beyond Meat Inc. inched 0.29% higher to $61.60 Friday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index falling 2.72% to 13,768.92 and Dow Jones Industrial Average falling 1.30% to 34,265.37. The stock's rise snapped a four-day losing streak. Beyond Meat Inc. closed $159.40 short of its 52-week high ($221.00), which the company reached on January 26th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Mondelez International Inc. Cl A rose 0.89% to $68.36 and Unilever PLC ADR fell 0.18% to $49.31. Trading volume (4.2 M) eclipsed its 50-day average volume of 4.2 M.