At 50% Off Its High, Is It Time to Buy Beyond Meat Stock?

Investors have a chance to buy Beyond Meat (BYND -6.28%) stock at close to fire-sale prices these days. Yet there's no shortage of reasons for this deep discount, which has shares trading at about half of their recent highs. The plant-based meat specialist was rocked by slumping demand following the pandemic-era sales spike. Consumers in the past year haven't been motivated by big price cuts on its meat substitute products, either. Sales are sinking and losses are mounting.That might not sound like a recipe ...