Beyond Meat

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In five year’s time will we acknowledge that plant meats were a one-time fad?

Beyond Meat’s shares took another pounding last week closing below $15, a massive drop from their peak of $239 in 2019. The company is now forecasting revenues of $400-425m for 2022 versus $465m in 2021. Management is cutting 19% of the workforce; that’s never a good sign. In a statement the company acknowledged it had …

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