Should You Buy the Massive Dip in Beyond Meat Stock?

Beyond Meat (BYND) shares closed down more than 36% on Monday after management announced a major debt restructuring initiative aimed at eliminating over $800 million in debt. The restructuring includes an exchange offer for its $1.15 billion convertible notes due 2027, the El Segundo-headquartered producer of plant-based meat alternatives said in a press release on Monday. More News from Barchart During the Monday selloff, Beyond Meat stock touched new all-time lows of $1.23. www.barchart.com Why Did ...