Retail Favorite Beyond Meat Grilled As Momentum Gains Fizzle Out After Results Delay — Stock Slides - Beyond Meat (NASDAQ:BYND)

Core Insights - Beyond Meat Inc. is experiencing a significant decline in momentum rankings, dropping to the bottom 10th percentile of Benzinga's report [1] - The company's stock score plummeted from 25.74 to 3.38, indicating a loss of 22.36 points in a short period, with no positive momentum observed across any timeframe [2] - The rescheduling of the Q3 earnings report to November 11 has negatively impacted investor sentiment, attributed to the need for additional time to address a substantial non-cash impairment charge [3] - Preliminary Q3 revenue guidance remains stagnant at $68–73 million, reflecting no growth and continued margin pressure, with gross margins expected at 10–11% due to costs associated with shutdowns in China [4] - A brief rally in October, driven by retail traders' interest, has been overshadowed by underlying fundamental weaknesses [5] - The stock closed 16.01% lower at $1.39, with a year-to-date decline of 63.9% and a yearly drop of 76.99% [6]