Beyond Meat Stock Surges on Heavy Call Options Trading Activity
Beyond Meat shares jump as traders pile into call options, with over 200,000 contracts traded. The stock shows renewed speculative interest despite recent declines.
Beyond Meat shares jump as traders pile into call options, with over 200,000 contracts traded. The stock shows renewed speculative interest despite recent declines.
Beyond Meat reports $110.7M Q3 loss as sales drop 13% to $70.2M. Asset impairment charges, weak U.S. demand, and category headwinds weigh heavily on plant-based meat company.
Beyond Meat postpones Q3 earnings to Nov. 12 citing "material weakness" in internal controls and uncertainty over asset impairment charges. No changes to past financials expected.
Plant-based meat maker Beyond Meat (BYND) delayed its Q3 earnings release to calculate a massive asset write-down.
Despite beating revenue estimates in Q3 with $70 million and a favorable arbitration ruling, Beyond Meat shares fell. Analysts remain cautious due to weak fundamentals and sector headwinds.
Beyond Meat stock explodes 200%+ this week after joining meme stock ETF and Walmart expansion deal.