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McDonald's Says Beyond Meat Burger Test Failed. What Could It Mean for Investors?
BYNDBeyond Meat(BYND) The Motley Fool·2024-07-01 13:08

Here's why the stock has bigger issues.It's been a difficult few years for Beyond Meat's (BYND -1.90%) stock, which is down 96% over the past five years, including falling 23% year to date.The company recently received more negative headlines when McDonald's (MCD -1.29%) discussed how two test markets using its plant-based burgers had failed.Let's take a closer look at the news, the issues the company has been facing, and what investors should do with the stock.A lack of demandMcDonald's recently came out a ...