Beyond Meat, Inc. (BYND)
After hours:
| Previous Close | 7.17 |
| Open | 6.24 |
| Bid | 5.52 x 100 |
| Ask | 6.49 x 300 |
| Day's Range | 6.23 - 6.68 |
| 52 Week Range | 5.58 - 17.24 |
| Volume | |
| Avg. Volume | 2,628,717 |
| Market Cap | 417.209M |
| Beta (5Y Monthly) | 2.26 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -5.18 |
| Earnings Date | Aug 05, 2024 - Aug 09, 2024 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 5.83 |
- Yahoo Finance Video
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Federal Reserve Bank of Chicago President Austan Goolsbee spoke in an interview with Yahoo Finance Federal Reserve reporter Jennifer Schonberger over the Fed's current path to a 2% inflation goal. According to the latest data from the CME FedWatch tool, the probability of the Federal Reserve cutting interest rates in September stands at nearly 100%. Wolfe Research chief economist Stephanie Roth joined the show to discuss the possibility of a rate cut in September. Ford (F) plans to expand its heavy-duty truck production to a plant in Ontario, Canada, which was originally slated to focus solely on EV production. Shares of e.l.f Beauty (ELF) were initially ticking higher — at the time of this video's posting — this morning after Baird gave the beauty brand an upgrade to Outperform from Neutral, raising its price target from $210 to $230. The analyst behind the call cited a healthy brand momentum as the reason for the upgrade. Beyond Meat (BYND) shares are falling sharply on Thursday. The company is engaging in conversations with bondholders about a balance-sheet restructuring, a source confirmed to Yahoo Finance. Meta (META) is in negotiations to buy a five percent stake of EssilorLuxottica (EL.PA, ESLOY) according to several reports. The companies may be looking to deepen their connection following the successful release of their Ray-Ban Meta smart glasses. European Central Bank (ECB) President Christine Lagarde addressed the risk increased tariffs pose to European economies, referring to former President Donald Trump's economic policy positions if he were to re-enter the White House in 2025. For more expert insight and the latest market action, click here
- Yahoo Finance Video
Beyond Meat sinks on restructuring talks with bondholders
Beyond Meat (BYND) shares are falling sharply on Thursday. The company is engaging in conversations with bondholders about a balance-sheet restructuring, a source confirmed to Yahoo Finance. Beyond Meat has struggled in what has become a competitive market. The Wall Street Journal first reported on the talks with bondholders. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by John Lesinski
StockStoryWhy Beyond Meat (BYND) Stock Is Nosediving
Shares of plant-based protein company Beyond Meat (NASDAQGS:BYND) fell 18.4% in the pre-market session after the Wall Street Journal reported that the company is in talks with a group of bondholders to begin talks about restructuring its balance sheet. The talks are related to Beyond Meat's $1.1B convertible notes traded around 20 cents on the dollar, indicating investors' little faith in the company's near-term performance. The persistent cash burn recorded in recent quarters isn't helping matt
