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Why Is Beyond Meat Soaring After Hours? - Beyond Meat (NASDAQ:BYND), Roundhill ETF Trust Roundhill Meme Stock ETF (ARCA:MEME)
Benzinga· 2025-10-22 03:18
Core Insights - Beyond Meat Inc. shares have experienced significant volatility, with a notable surge of 22.65% in after-hours trading, reaching $4.44, following its inclusion in the Roundhill Meme Stock ETF [1] - The stock saw a remarkable increase of 146.26% on Tuesday and 127% on Monday, attributed to its addition to the relaunched MEME ETF [2] - The company announced an extended distribution agreement with Walmart, contributing to the positive market sentiment [2] Earnings Performance - Beyond Meat reported a second-quarter loss of $0.40 per share, which was worse than the expected loss of $0.38, with revenue of $75 million, falling short of the forecasted $82.9 million [3] - The next earnings report is scheduled for November 4 [3] Trading Metrics - Over the past year, Beyond Meat shares have declined by 42.45%, but have gained 35.58% in the last six months [4] - The stock has traded within a 52-week range of $0.50 to $6.64, with a market capitalization of $1.44 billion and an average trading volume of 79.07 million shares [4] - As of Tuesday, the stock closed at $3.62, and current rankings indicate a negative price trend across all time frames [4]
Beyond Meat Debt Deal Rattles Investors
WSJ· 2025-10-13 20:16
Core Viewpoint - The meat-alternative producer is planning to issue new shares following a debt exchange that provides additional time for business restructuring [1] Group 1 - The company is undergoing a restructuring process to improve its financial stability [1] - The debt exchange is a strategic move to alleviate immediate financial pressures [1] - Issuing new shares is intended to raise capital for ongoing operations and future growth [1]
Beyond Meat Plummets After Debt Swap Massively Dilutes Shareholders
Yahoo Finance· 2025-10-13 17:00
Core Viewpoint - Beyond Meat Inc. experienced its largest stock decline since going public in 2019, dropping as much as 58% to 84.5 cents, following the announcement that nearly all creditors accepted a debt swap leading to significant shareholder dilution [1][2]. Group 1: Financial Impact - The company plans to issue 316 million new shares as part of the debt swap strategy aimed at reducing leverage, which has already negatively impacted stock prices [2]. - If all noteholders convert their notes, they would collectively own 88% of the company's stock, indicating a substantial shift in ownership dynamics [2]. Group 2: Market Performance - Beyond Meat is facing declining consumer demand for meat alternatives in the U.S., its primary market, with sales falling approximately 20% last quarter to $75 million [2]. - The stock had already decreased by 47% year-to-date prior to the recent announcement, reflecting ongoing challenges in the market [1].