US stock market anomaly | beyond meat (BYND.US) rose more than 5%, its new products will be launched in Whole Foods supermarkets across the United States.
As of the time of publication, the stock has risen more than 5%, trading at $5.15.
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U.S. stock market moves abnormally | Beyond Meat falls more than 9.7%, lowering the upper limit of the full-year revenue guidance range
Gelonghui on November 7th: Plant-based meat manufacturer beyond meat (BYND.US) fell more than 9.7%, closing at $5.94. In terms of news, Beyond Meat announced its third-quarter performance, with revenue growing by 7.6% year-on-year to $81 million, higher than the market's expected $80.7 million; adjusted loss per share was $0.41, with the market expecting a loss of $0.44. In terms of guidance, Beyond Meat currently expects full-year revenue to be between $0.32 billion and $0.33 billion, compared to the previous forecast of $0.32 billion to $0.34 billion, according to analysts.
Express News | Beyond Meat Shares Down 9% After Co Cuts Top End of Annual Revenue Forecast
Beyond Meat Shares Are Trading Lower After the Company Announced It Filed to Sell Common Stock for up to $20 Million.
A Quick Look at Today's Ratings for Beyond Meat(BYND.US), With a Forecast Between $3 to $5
Express News | Beyond Meat - May Offer and Sell Common Stock Having Offering Price of up to $200 Mln From Time to Time Through or to Sales Agent
Beyond Meat | 10-Q: Q3 2024 Earnings Report
Cautious Stance on Beyond Meat: Sell Rating Due to Uncertain Path to Profitability
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Barclays Remains a Sell on Beyond Meat (BYND)
Beyond Meat's third quarter revenue increased by 7.6% year-on-year, exceeding expectations. The upper limit of the annual revenue guidance range has been lowered.
On November 7th, Geelong Hui announced the third-quarter performance of plant-based meat manufacturer Beyond Meat, with a year-on-year revenue growth of 7.6%, reaching $81 million, higher than the market's expected $80.7 million; adjusted loss per share was $0.41, lower than the market's expected loss of $0.44. As of the end of the quarter, the total cash, cash equivalents, and restricted cash amounted to $0.1349 billion. During the period, net revenue from the usa retail channel increased by 14.6% year-on-year, while net revenue from the dining channel increased by 15.5% year-on-year. Net revenue from international retail channels increased by 17% year-on-year, while net revenue from the dining channel decreased by 17.2%.