Últimas noticias sobre Beyond Meat (NASDAQ:BYND) Bolsa

Beyond Meat

Beyond Meat Inc is a provider of plant-based meat company offering a portfolio of revolutionary plant-based meats. It builds meat directly from plants, an innovation that enables consumers to experience the taste, texture and other sensory attributes of popular animal-based meat products while enjoying the nutritional and environmental benefits of eating plant-based meat product It has products such as burgers, sausage, ground beef, jerky, meatballs and chicken. The company generates revenue from sales of its products to the customers across mainstream grocery, mass merchandiser, club store, convenience store and natural retailer channels, and various food-away-from-home channels, including restaurants, foodservice outlets and schools, mainly in the United States.

Beyond Meat Inc

<a href="https://www.beyondmeat.com/en-US/whats-new/beyond-the-original-orange-chicken-expands-to-more-panda-express-locations">https://www.beyondmeat.com/en-US/whats-new/beyond-the-original-orange-chicken-expands-to-more-panda-express-locations</a>
Beyond&#xAE; the Original Orange Chicken Expands to More Panda Express&#xAE; Locations&nbsp;
Big news! Beyond&#xAE; the Original Orange Chicken is now available at 300 additional Panda Express locations across the U.S.&nbsp;
After a successful regional rollout earlier this year, as well as a limited time national rollout in 2022, Beyond The Original Orange Chicken is expanding to even more menus at select participating locations, making the dish available to excited fans at roughly 600 Panda locations across the country.&nbsp;&nbsp; &nbsp;
The irresistibly delicious dish continues to be one of the most requested dishes on Panda's social channels, and gives guests in even more cities looking for an irresistible plant-based option the chance to indulge in the addictive flavor they know and love from Panda's signature Orange Chicken dish. &nbsp;
But hurry! It's only here while supplies last so make sure to check out our locator below to find a participating store near you:&nbsp;

News

BYND

'Beyond The Original Orange Chicken Expands To More Panda Express Locations' - BeyondMeat

<h3>Gainers</h3>
<ul>
<li>China Jo-Jo Drugstores (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CJJD#NASDAQ">CJJD</a>) stock increased by 12.1% to $3.14 during Wednesday's pre-market session. The market value of their outstanding shares is at $20.8 million. </li>
<li>RLX Technology (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RLX#NYSE">RLX</a>) shares rose 11.11% to $1.9. The company's market cap stands at $2.9 billion. </li>
<li>Dada Nexus (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DADA#NASDAQ">DADA</a>) stock rose 10.28% to $2.36. The market value of their outstanding shares is at $624.3 million. </li>
<li>Innovation Beverage Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IBG#NASDAQ">IBG</a>) stock moved upwards by 9.72% to $2.03. The company's market cap stands at $17.0 million. </li>
<li>Top Wealth Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TWG#NASDAQ">TWG</a>) shares moved upwards by 8.57% to $1.9. The company's market cap stands at $55.1 million. </li>
<li>S&amp;W Seed (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SANW#NASDAQ">SANW</a>) stock moved upwards by 8.15% to $0.23. The company's market cap stands at $10.0 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Shineco (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SISI#NASDAQ">SISI</a>) shares decreased by 5.8% to $0.25 during Wednesday's pre-market session. The company's market cap stands at $7.8 million. </li>
<li>Lamb Weston Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LW#NYSE">LW</a>) stock fell 5.07% to $61.62. The company's market cap stands at $8.8 billion. As per the press release, Q1 earnings came out yesterday. </li>
<li>Beyond Meat (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BYND#NASDAQ">BYND</a>) stock decreased by 3.91% to $6.15. The market value of their outstanding shares is at $399.9 million. </li>
<li>Edible Garden (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EDBL#NASDAQ">EDBL</a>) shares fell 3.86% to $0.23. </li>
<li>Fresh Vine Wine (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/VINE#AMEX">VINE</a>) shares decreased by 3.59% to $0.81. The market value of their outstanding shares is at $12.9 million. </li>
<li>Natural Grocers (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NGVC#NYSE">NGVC</a>) stock declined by 3.44% to $28.43. The company's market cap stands at $648.0 million. 
See Also: <a href="http://www.benzinga.com/money/best-consumer-defensive-stocks/" title="www.benzinga.com/money/best-consumer-defensive-stocks/">www.benzinga.com/money/best-consumer-defensive-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Movers

CJJD

DADA

EDBL

NGVC

SANW

SISI

VINE

12 Consumer Staples Stocks Moving In Wednesday's Pre-Market Session

Investors with a lot of money to spend have taken a bullish stance on Beyond Meat (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BYND#NASDAQ">BYND</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether this is an institution or just a wealthy individual, we don't know. But when something this big happens with BYND, it often means somebody knows something is about to happen.
Today, Benzinga's options scanner spotted 10 options trades for Beyond Meat.
This isn't normal.
The overall sentiment of these big-money traders is split between 80% bullish and 10%, bearish.
Out of all of the options we uncovered, 9 are puts, for a total amount of $694,658, and there was 1 call, for a total amount of $57,000.
<h3>What's The Price Target?</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $5.0 to $11.0 for Beyond Meat over the recent three months. 
<h3>Insights into Volume &amp; Open Interest</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Beyond Meat's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Beyond Meat's whale activity within a strike price range from $5.0 to $11.0 in the last 30 days. 
<h3>Beyond Meat Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727204450_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>BYND</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$4.7</td>
<td>$4.6</td>
<td>$4.63</td>
<td>$11.00</td>
<td>$157.5K</td>
<td>552</td>
<td>1.0K</td>
</tr>
<tr>
<td>BYND</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$2.24</td>
<td>$1.8</td>
<td>$1.8</td>
<td>$6.00</td>
<td>$108.0K</td>
<td>5.9K</td>
<td>600</td>
</tr>
<tr>
<td>BYND</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>10/18/24</td>
<td>$4.7</td>
<td>$4.65</td>
<td>$4.67</td>
<td>$11.00</td>
<td>$93.5K</td>
<td>552</td>
<td>436</td>
</tr>
<tr>
<td>BYND</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$4.6</td>
<td>$4.45</td>
<td>$4.49</td>
<td>$11.00</td>
<td>$71.8K</td>
<td>552</td>
<td>1.1K</td>
</tr>
<tr>
<td>BYND</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$4.9</td>
<td>$4.6</td>
<td>$4.63</td>
<td>$11.00</td>
<td>$67.1K</td>
<td>552</td>
<td>581</td>
</tr>
</tbody>
</table>

<h3>About Beyond Meat</h3>
Beyond Meat Inc is a provider of plant-based meat company offering a portfolio of revolutionary plant-based meats. It builds meat directly from plants, an innovation that enables consumers to experience the taste, texture and other sensory attributes of popular animal-based meat products while enjoying the nutritional and environmental benefits of eating plant-based meat product It has products such as burgers, sausage, ground beef, jerky, meatballs and chicken. The company generates revenue from sales of its products to the customers across mainstream grocery, mass merchandiser, club store, convenience store and natural retailer channels, and various food-away-from-home channels, including restaurants, foodservice outlets and schools, mainly in the United States.
Following our analysis of the options activities associated with Beyond Meat, we pivot to a closer look at the company's own performance.
<h3>Present Market Standing of Beyond Meat</h3>
<ul>
<li>Trading volume stands at 1,560,170, with BYND's price up by 5.34%, positioned at $6.71.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 43 days.</li>
</ul>
<h3>Expert Opinions on Beyond Meat</h3>
In the last month, 1 experts released ratings on this stock with an average target price of $5.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Mizuho has decided to maintain their Underperform rating on Beyond Meat, which currently sits at a price target of $5. 
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Beyond Meat, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Options

Markets

Market Whales and Their Recent Bets on BYND Options

<a href="https://www.beyondmeat.com/en-US/whats-new/a-recent-article-published-in-the-lancet-diabetes-and-endocrinology-journal-" title="https://www.beyondmeat.com/en-US/whats-new/a-recent-article-published-in-the-lancet-diabetes-and-endocrinology-journal-">https://www.beyondmeat.com/en-US/whats-new/a-recent-article-published-in-the-lancet-diabetes-and-endocrinology-journal-</a>

Study in The Lancet Links Increased Meat Consumption to Higher Risk of Type 2 Diabetes, Highlighting 15% Risk Increase From Processed Meat and 10% From Unprocessed Red Meat; Beyond Meat Offers ADA-Certified Plant-Based Alternatives- Beyond Meat

<a href="https://www.cnbc.com/2024/09/04/beyond-meat-to-launch-new-steak-alternative-as-it-focuses-on-health.html" title="https://www.cnbc.com/2024/09/04/beyond-meat-to-launch-new-steak-alternative-as-it-focuses-on-health.html">https://www.cnbc.com/2024/09/04/beyond-meat-to-launch-new-steak-alternative-as-it-focuses-on-health.html</a>

'Beyond Meat to launch new steak alternative as it focuses on health' - CNBC

Mizuho analyst John Baumgartner maintains Beyond Meat (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BYND#NASDAQ">BYND</a>) with a Underperform and lowers the price target from $6 to $5.

Price Target

Analyst Ratings

Mizuho Maintains Underperform on Beyond Meat, Lowers Price Target to $5

Beyond Meat, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BYND#NASDAQ">BYND</a>) is seeing its stock fall Monday. Here&#8217;s <a href="https://www.benzinga.com/news/earnings/24/08/40234768/beyond-meat-stock-jumps-on-q2-earnings-what-you-need-to-know">what you need to know.</a>
What To Know: In its second-quarter financial results, released last week, Beyond Meat reported a revenue decline of 8.8% year-over-year.
But the company managed to beat Wall Street expectations with $93.2 million in revenue compared to the expected $87.81 million. 
However, the plant-based, vegan meat company reported a slightly larger-than-expected adjusted loss of 53 cents per share, missing estimates of a 51-cent loss.
CEO Ethan Brown expressed optimism, highlighting the company&#8217;s progress in 2024 as a pivotal year toward sustainable operations and profitability. Beyond Meat ended the quarter with $158 million in cash but also reported $1.1 billion in total outstanding debt as of June 29.
What Else: Beyond Meat expects full-year revenue to range between $320 million to $340 million, with a gross margin in the mid-teens range.
Additionally, the stock has caught the attention of options traders, with significant bullish activity spotted. Although analysts remain cautious, with BMO Capital lowering the price target from $9 to $6, the options market has shown a split sentiment, with 50% bullish and 41% bearish trades.
BYND Price Action: As of the latest update, Beyond Meat shares were down 7.12% trading at $5.94, according to<a href="https://pro.benzinga.com/dashboard"> Benzinga Pro.</a>
<figure class="wp-block-image size-large is-resized"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent081224&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="1024" height="567" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/12142156/BYND-1-1024x567.png" alt="" class="wp-image-490600" style="width:431px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/12142156/BYND-1-1024x567.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/12142156/BYND-1-300x166.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/12142156/BYND-1-768x426.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/12142156/BYND-1.png 1072w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
See Also:
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/08/40321230/massive-650m-crypto-fraud-scheme-uncovered-sec-files-charges">Massive $650M Crypto Fraud Scheme Uncovered, SEC Files Charges</a></li>
</ul>
Image: courtesy of Beyond Meat.

WIIM

Beyond Meat Trades Lower As Analysts Remain Cautious: What's Going On?

Beyond Meat shares are trading higher following a recent Q2 revenue beat.

High-rolling investors have positioned themselves bullish on Beyond Meat (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BYND#NASDAQ">BYND</a>), and it's important for retail traders to take note. 
\This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in BYND often signals that someone has privileged information.
Today, Benzinga's options scanner spotted 12 options trades for Beyond Meat. This is not a typical pattern.
The sentiment among these major traders is split, with 50% bullish and 41% bearish. Among all the options we identified, there was one put, amounting to $33,462, and 11 calls, totaling $686,465.
<h3>Expected Price Movements</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $7.0 to $10.0 for Beyond Meat over the recent three months. 
<h3>Volume &amp; Open Interest Trends</h3>
In terms of liquidity and interest, the mean open interest for Beyond Meat options trades today is 5891.2 with a total volume of 179,640.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Beyond Meat's big money trades within a strike price range of $7.0 to $10.0 over the last 30 days.
<h3>Beyond Meat Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1723227372_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>BYND</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/09/24</td>
<td>$1.0</td>
<td>$0.9</td>
<td>$0.9</td>
<td>$8.00</td>
<td>$104.1K</td>
<td>2.0K</td>
<td>8.7K</td>
</tr>
<tr>
<td>BYND</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>08/09/24</td>
<td>$2.3</td>
<td>$2.0</td>
<td>$2.02</td>
<td>$7.00</td>
<td>$95.9K</td>
<td>2.8K</td>
<td>37.5K</td>
</tr>
<tr>
<td>BYND</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/09/24</td>
<td>$1.06</td>
<td>$0.46</td>
<td>$0.89</td>
<td>$7.50</td>
<td>$89.4K</td>
<td>2.1K</td>
<td>8.0K</td>
</tr>
<tr>
<td>BYND</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/09/24</td>
<td>$1.16</td>
<td>$0.08</td>
<td>$1.16</td>
<td>$8.00</td>
<td>$72.8K</td>
<td>2.0K</td>
<td>4.0K</td>
</tr>
<tr>
<td>BYND</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>08/09/24</td>
<td>$0.35</td>
<td>$0.34</td>
<td>$0.35</td>
<td>$7.00</td>
<td>$61.5K</td>
<td>2.8K</td>
<td>34.5K</td>
</tr>
</tbody>
</table>

<h3>About Beyond Meat</h3>
Beyond Meat Inc is a provider of plant-based meat company offering a portfolio of revolutionary plant-based meats. It builds meat directly from plants, an innovation that enables consumers to experience the taste, texture and other sensory attributes of popular animal-based meat products while enjoying the nutritional and environmental benefits of eating plant-based meat product It has products such as burgers, sausage, ground beef, jerky, meatballs and chicken. The company generates revenue from sales of its products to the customers across mainstream grocery, mass merchandiser, club store, convenience store and natural retailer channels, and various food-away-from-home channels, including restaurants, foodservice outlets and schools, mainly in the United States.
Following our analysis of the options activities associated with Beyond Meat, we pivot to a closer look at the company's own performance.
<h3>Where Is Beyond Meat Standing Right Now?</h3>
<ul>
<li>With a volume of 14,993,572, the price of BYND is down -0.92% at $6.47. </li>
<li>RSI indicators hint that the underlying stock may be approaching overbought.</li>
<li>Next earnings are expected to be released in 89 days.</li>
</ul>
<h3>Professional Analyst Ratings for Beyond Meat</h3>
A total of 1 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $6.0.
<ul>
<li>Consistent in their evaluation, an analyst from BMO Capital keeps a Market Perform rating on Beyond Meat with a target price of $6. </li>
</ul>
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Beyond Meat options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Unpacking the Latest Options Trading Trends in Beyond Meat

Trading Ideas

Beyond Meat Shares Resume Trade

Beyond Meat Shares Halted To The Upside; Stock Up 39.66%

BMO Capital analyst Andrew Strelzik maintains Beyond Meat (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BYND#NASDAQ">BYND</a>) with a Market Perform and lowers the price target from $9 to $6.

BMO Capital Maintains Market Perform on Beyond Meat, Lowers Price Target to $6

Beyond Meat Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BYND#NASDAQ">BYND</a>) reported financial results for the second quarter after the close on Wednesday. Here's a look at the <a href="https://www.benzinga.com/pressreleases/24/08/g40232861/beyond-meat-reports-second-quarter-2024-financial-results">key metrics from the quarter</a>.
Q2 Earnings: Beyond Meat reported second-quarter revenue of $93.2 million, beating the&nbsp;<a href="https://www.benzinga.com/calendars/earnings" target="_blank" rel="noreferrer noopener">consensus estimate</a>&nbsp;of $87.81 million, according to&nbsp;<a href="https://benzinga.grsm.io/gxjhpowx7zks" target="_blank" rel="noreferrer noopener">Benzinga Pro</a>.&nbsp;The&nbsp;plant-based meat&nbsp;company reported a second-quarter adjusted loss of 53 cents per share, missing estimates for a loss of 51 cents per share.
Total revenues decreased 8.8% on a year-over-year basis. U.S. retail channel net revenues decreased&nbsp;7.5% year-over-year and U.S. foodservice channel net revenues decreased&nbsp;18.9%. International retail channel net revenues fell 12.1% year-over-year and international foodservice channel net revenues decreased&nbsp;2.5%.
Beyond Meat ended the quarter with $158 million in cash, cash equivalents and restricted cash. The company had total outstanding debt of $1.1 billion as of June 29.
&#8220;We are pleased to report a strong quarter of progress against our 2024 plan, a pivotal year on our path to sustainable operations and profitability,&#8221; said&nbsp;Ethan Brown, president and CEO of Beyond Meat.
See Also: <a href="https://www.benzinga.com/markets/asia/24/08/40223986/traders-resume-yen-dollar-carry-trade-as-bank-of-japan-pledges-no-rate-hikes-during-market-volatilit">Traders Resume Yen-Dollar Carry Trade As Bank of Japan Pledges No Rate Hikes During Market Volatility</a>
Outlook:&nbsp;Beyond Meat expects full-year 2024 revenue of $320 million to $340 million. Full-year gross margin is expected to be in the mid-teens range. For comparison, gross margin came in at 14.7% in the second quarter.
Management will hold a conference call to discuss these results at 5 p.m. ET.
BYND Price Action: <a href="https://www.benzinga.com/quote/BYND" target="_blank" rel="noreferrer noopener">Beyond Meat shares</a> were up 6.49% after hours at $5.58 at the time of publication, per <a href="https://benzinga.grsm.io/gxjhpowx7zks" target="_blank" rel="noreferrer noopener">Benzinga Pro</a>.
Photo: Courtesy of Beyond Meat.

Earnings

Beyond Meat Stock Jumps On Q2 Earnings: What You Need To Know

<blockquote>2024 Outlook
Based on management's best assessment of the environment today, the Company is updating its outlook for the full year 2024:
<ul>
<li>Net revenues are expected to be in the range of $320 million to $340 million.</li>
<li>Gross margin is expected to be in the mid-teens range.</li>
<li>Operating expenses, excluding the $7.5 million expense related to the consumer class action settlement accrued in the first quarter of 2024, are expected to be in the range of $180 million to $190 million.</li>
<li>Capital expenditures are expected to be in the range of $15 million to $20 million.</li>
</ul>
</blockquote>

Guidance

Beyond Meat Sees FY24 Revenue $320M-$340M Vs $322.5M Estimate

Beyond Meat shares are trading higher following a Q2 revenue beat.

Beyond Meat (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BYND#NASDAQ">BYND</a>) reported quarterly losses of $(0.53) per share which missed the analyst consensus estimate of $(0.51) by 3.92 percent. The company reported quarterly sales of $93.20 million which beat the analyst consensus estimate of $87.81 million by 6.14 percent. This is a 8.76 percent decrease over sales of $102.15 million the same period last year.

Earnings Beats

Earnings Misses

Beyond Meat Q2 2024 Adj EPS $(0.53) Misses $(0.51) Estimate, Sales $93.20M Beat $87.81M Estimate

The U.S. stock market is poised for its second consecutive day of gains, aiming to reverse the sell-off that occurred through Monday as investors assess the ongoing earnings season and welcome reassuring comments<a href="https://www.benzinga.com/markets/asia/24/08/40223986/traders-resume-yen-dollar-carry-trade-as-bank-of-japan-pledges-no-rate-hikes-during-market-volatilit"> from the Bank of Japan.</a>
Deputy Gov. Shinichi Uchida stated the central bank will avoid raising interest rates during times of market volatility, easing fears sparked last week by a rate hike from the Bank of Japan coupled with growing concerns about a potential U.S. recession.
The U.S. dollar surged 2% against the Japanese yen, marking its largest one-day increase since June 2022 and reigniting trader interest in the yen-dollar carry trade strategy.
Both the S&amp;P 500 and the Nasdaq 100 were 1% by midday trading in New York. The Dow Jones and the Russell 2000 notched smaller gains, up 0.7% and 0.5%, respectively. 
Treasury yields rose again by about 5 basis points across the curve, sending bond-related assets down. The iShares 20+ Year Treasury Bond ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TLT#NASDAQ">TLT</a>) fell 0.4% after tumbling 2.2% on Tuesday.
Oil shined among commodities, with the West Texas Intermediate (WTI) light crude soaring 3.6% to $75 a barrel, after the Energy Information Administration report showed a larger-than-expected drawdown in U.S. crude oil inventories last week. Natural gas prices were also up by over 4% amid forecasts of warmer weather leading speculators to expect higher electricity consumption for cooling. As a result, energy stocks rallied.
Gold inched 0.2% higher, while silver slightly eased by 0.1%. Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) was flat for the day. 
<h1 class="wp-block-heading">Wednesday&#8217;s Performance In Major U.S. Indices, ETFs</h1>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>1-day %chg</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>18,276.87</td>
<td>1.1%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>5,296.84</td>
<td>1.1%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>39,279.71</td>
<td>0.7%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,072.52</td>
<td>0.5%</td>
</tr>
</tbody>
</table>
</figure>
<h1 class="wp-block-heading">According to <a href="https://www.benzinga.com/pro/?utm_source=BZprocontent080624&amp;t=be2bearmibe3na1">Benzinga Pro</a> data:</h1>
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>)&nbsp;was trading 2.2% higher to $528.42.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>)&nbsp;rose 0.7% to $392.87.</li>
<li>The tech-heavy Invesco QQQ Trust Series (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) rose 1.2% to $444.83.</li>
<li>The iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) rose 0.6% to $205.57.</li>
<li>10 out of 11 sectors of the S&amp;P 500 saw gains, with the Energy Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLE#NYSE">XLE</a>) leading the way, up by 2%. The Health Care Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLV#NYSE">XLV</a>) was the only one in the red, down by 0.2%.</li>
</ul>
<h1 class="wp-block-heading">Wednesday&#8217;s Stock Movers</h1>
<ul>
<li>Enphase Energy Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENPH#NASDAQ">ENPH</a>) rallied over 6%, after BNP Paribas upgraded the stock to Outperform with $144 price target.</li>
</ul>
Stocks reacting to company earnings included:
<ul>
<li>Amgen Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMGN#NASDAQ">AMGN</a>), down 4.3%. </li>
<li>Airbnb Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ABNB#NASDAQ">ABNB</a>) down over 12%, </li>
<li>Axon Enterprises Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AXON#NASDAQ">AXON</a>) up over 18%, </li>
<li>CVS Health Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVS#NYSE">CVS</a>) down 0.4%,</li>
<li>Emerson Electric Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EMR#NYSE">EMR</a>) down 5.6%, </li>
<li>Fortinet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTNT#NASDAQ">FTNT</a>) up over 25%, </li>
<li>Illumina Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ILMN#NASDAQ">ILMN</a>) up 8.9%, </li>
<li>Hilton Worlwide Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HLT#NYSE">HLT</a>) down 1.7%, </li>
<li>Novo Nordisk A/S (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NVO#NYSE">NVO</a>) down over 6%, </li>
<li>Reddit Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDDT#NYSE">RDDT</a>) down over 5%, </li>
<li>Rivian Automotive Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>) down 3.6%, </li>
<li>Shopify Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHOP#NASDAQ">SHOP</a>) up 23%, </li>
<li>Super Micro Computer Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) down 16.04%</li>
<li>Walt Disney Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>), down 2.61%,</li>
<li>Wynn Resort Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WYNN#NASDAQ">WYNN</a>) down 0.22%.</li>
</ul>
Companies reporting after the close are AppLovin Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APP#NASDAQ">APP</a>), Bumble Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BMBL#NASDAQ">BMBL</a>), Beyond Meat, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BYND#NASDAQ">BYND</a>), Blink Charging Co. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BLNK#NASDAQ">BLNK</a>), Fastly Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FSLY#NYSE">FSLY</a>), Forward Air Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FWRD#NASDAQ">FWRD</a>), HubSpot, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HUBS#NYSE">HUBS</a>), Kulicke and Soffa Industries, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KLIC#NASDAQ">KLIC</a>), Marathon Oil Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MRO#NYSE">MRO</a>), Monster Beverage Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MNST#NASDAQ">MNST</a>), Occidental Petroleum Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXY#NYSE">OXY</a>), Robinhood Markets, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>) and Warner Bros. Discovery, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBD#NASDAQ">WBD</a>).
Read Now:
<ul>
<li><a href="https://www.benzinga.com/markets/equities/24/08/40220673/mortgage-rates-fall-to-15-month-lows-boost-homebuyer-demand-as-federal-reserve-hints-at-rate-cut">Mortgage Rates Fall To 15-Month Lows, Boost Homebuyer Demand As Federal Reserve Hints At Rate Cuts</a></li>
</ul>
The image was made using artificial intelligence MidJourney.

Equities

Large Cap

Mid Cap

Sector ETFs

Bonds

Eurozone

Commodities

Forex

Treasuries

Global

Econ #s

Federal Reserve

Tech

ETFs

$BTC

ABNB

AMGN

AXON

BLNK

BMBL

SPDR Dow Jones Industrial Average ETF Trust

ENPH

FSLY

FTNT

FWRD

HOOD

HUBS

ILMN

KLIC

MNST

NVDA

RDDT

RIVN

SHOP

SMCI

iShares Trust Barclays 20+ Year Treasury Bond Fund

WYNN

Wall Street Poised For Second Day Of Gains While Bank Of Japan Makes Reassurances; Dollar Strengthens Against Yen, Crude Prices Surge: What's Driving Markets Wednesday?

Wall Street could go from strength to strength as the index futures point to another session in the green as investors seek to put the worst behind. Volatility continued to drop, as evidenced by another sharp slide in the CBOE Volatility Index, which is now approaching pre-sell-off levels. <a href="https://www.benzinga.com/news/earnings/24/08/40213937/why-ai-server-maker-super-micro-computers-stock-is-plummeting-over-12-in-premarket">Earnings news of the day has been mixed,</a> with the Dow Jones Industrials likely to take a hit from negative reactions to earnings reports from Walt Disney Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>) and Amgen, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMGN#NASDAQ">AMGN</a>).
Super Micro Computer, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) may weigh down on AI-levered stocks as traders sold the AI server maker due to margin contraction. That said, the broader sentiment appears to be positive as traders pile into beaten-down stocks to position themselves for a strong rebound they factor in for later this year.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Futures</td>
<td>Performance (+/-)</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>+1.50%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>+1.22%</td>
</tr>
<tr>
<td>Dow</td>
<td>+0.85%</td>
</tr>
<tr>
<td>R2K</td>
<td>+1.74%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">In premarket trading on Wednesday,&nbsp;the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) gained 1.30% to $528.95, and the&nbsp;Invesco QQQ ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) jumped 1.58% to $446.48, according to&nbsp;<a href="https://benzinga.grsm.io/lxquj26b2sag" target="_blank" rel="noreferrer noopener">Benzinga Pro data</a>.</figcaption></figure>
Cues From Last Session:
Stocks rebounded from multi-week lows and launched into a rally as traders scrambled to pick bargains across sectors. The market slowly got over the trauma inflicted by weakening domestic economic fundamentals and the selling set in motion by the unwinding of the yen carry trades.
The major averages opened mostly lower and saw some indecision in early trading. They took off, benefiting from across-the-board buying, and hovered in positive territory all through the remainder of the session. The gains were led by real-estate stocks. 
Small-caps outperformed their bigger peers, with the Russell 2,000 Index ending 1.23% higher for the day.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Index</td>
<td>Performance (+/)</td>
<td>Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>+1.03%</td>
<td>16,366.85</td>
</tr>
<tr>
<td>S&amp;P 500 Index</td>
<td>+1.04%</td>
<td>5,240.03</td>
</tr>
<tr>
<td>Dow Industrials</td>
<td>+0.76%</td>
<td>38,997.66</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>+1.23%</td>
<td>2,064.30</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption"> Insights From Analysts: Following Tuesday&#8217;s comeback, Fund Strat said the rebound by equities is very constructive and strongly supports the idea the &#8216;worst of the selling is behind us,&#8217; according to excerpts of the note shared on X, formerly Twitter. Tom Lee, Head Of Research at the firm, said in a separate post that it was a &#8220;rough 3 days of relentless selling but instead of breaking equity markets, VIX falling, BOJ pausing hikes, stocks finding footing.&#8221; &#8220;Seems more &#8216;growth scare&#8217; not calamity.&#8221; George Smith, portfolio strategist at LPL Financial, said dips, pullbacks and corrections of 10% or more are a &#8220;normal and healthy part of any bull market.&#8221; Falling back on historical data, Smith noted that on average, stocks experience a pullback of over 5% over three times per year and a correction of 10% or more around once per year, even in positive years. &#8220;We believe that how common these occurrences are should provide comfort to equity investors, allowing them to be patient, stay invested, and most importantly, to not panic,&#8221; he added. Upcoming Economic Data: The Energy Information Administration will release its weekly petroleum status report at 10:30 a.m. EDT. The Federal Reserve is scheduled to release its report on June consumer credit at 3 p.m. EDT. Economists, on average, expect the outstanding consumer credit to decline from $11.3 billion in May to $9.7 billion in June. See also: <a href="https://www.benzinga.com/money/best-futures-trading-software">Best Futures Trading Software</a> Stocks In Focus: Airbnb, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ABNB#NASDAQ">ABNB</a>) fell over 16% <a href="https://www.benzinga.com/premarket">in premarket trading</a> following its quarterly results, while Super Micro plunged over 14%, also on earnings. The other stocks moving on earnings are Devon Energy Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DVN#NYSE">DVN</a>) (up over 4.50%), Amgen (down over 4.50%), Cirrus Logic, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRUS#NASDAQ">CRUS</a>) (up nearly 12%), Exelixis, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXEL#NASDAQ">EXEL</a>) (up over 6.50%), Fortinet, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTNT#NASDAQ">FTNT</a>) (up over 16%), Illumina, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ILMN#NASDAQ">ILMN</a>) (up over 6%), Tripadvisor, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRIP#NASDAQ">TRIP</a>) (down over 16%), Reddit, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDDT#NYSE">RDDT</a>) (down over 6.50%), Rivian Automotive, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>) (down nearly 8%), Sunrun Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUN#NASDAQ">RUN</a>) (up over 12%), Trex Company, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TREX#NYSE">TREX</a>) (down nearly 17%), and Wynn Resorts, Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WYNN#NASDAQ">WYNN</a>) (up over 4.50%). CVS Health Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVS#NYSE">CVS</a>), Shopify Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHOP#NYSE">SHOP</a>), Lyft, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>), Disney and Warner Music Group Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WMG#NASDAQ">WMG</a>)are among the key companies due to <a href="https://www.benzinga.com/calendars/earnings">release their earnings reports ahead of the market opening</a>. Those reporting after the close are AppLovin Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APP#NASDAQ">APP</a>), Bumble Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BMBL#NASDAQ">BMBL</a>), Beyond Meat, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BYND#NASDAQ">BYND</a>), Blink Charging Co. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BLNK#NASDAQ">BLNK</a>), Fastly, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FSLY#NYSE">FSLY</a>), Forward Air Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FWRD#NASDAQ">FWRD</a>), HubSpot, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HUBS#NYSE">HUBS</a>), Kulicke and Soffa Industries, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KLIC#NASDAQ">KLIC</a>), Marathon Oil Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MRO#NYSE">MRO</a>), Monster Beverage Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MNST#NASDAQ">MNST</a>), Occidental Petroleum Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXY#NYSE">OXY</a>), Robinhood Markets, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>) and Warner Bros. Discovery, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBD#NASDAQ">WBD</a>). Commodities, Bonds And Global Equity Markets: Crude oil futures rose sharply, extending the gains from the previous session, and gold futures rebounded, while the yield on the 10-year Treasury note rose 4.9 basis points to 3.936%. Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) pushed up about 4%, past the $57K mark. Asian markets climbed across the board, led by the Taiwanese, South Korean, Singaporean and Hong Kong markets. The Australian and Chinese markets underperformed with much more modest gains, with the latter stymied by weak export data that offset the rebound in imports. European stocks also rallied hard in early trading. Read Next: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/08/40212775/move-over-yen-yuan-carry-trades-could-be-next-ticking-bomb-warns-strategists-but-it">Move Over Yen, Yuan Carry Trades Could Be Next Ticking Bomb, Warns Strategists: &#8216;But It&#8217;s Below The Danger Levels We Monitor&#8217;</a></figcaption></figure>
Image generated using AI via Midjourney

Futures

Previews

Economics

Pre-Market Outlook

CRUS

EXEL

LYFT

TREX

TRIP

US Stocks Set To Extend Gains Despite Mixed Earnings, VIX Dips Back Toward Pre-Sell-Off Levels: Analyst Says Pullback Is A 'Growth Scare' And Not 'Calamity'

The delicious, flavor-forward links are made from wholesome plant-based ingredients including yellow pea, brown rice, faba bean and red lentil proteins and available in three irresistible flavors: Cajun, Pesto and Pineapple Jalapeño &nbsp;
With 12g of clean protein per link and just 1g of saturated fat, Beyond Sun Sausage is certified as a heart-healthy food by the American Heart Association's Heart-Check program and the American Diabetes Association's Better Choices for Life program
EL SEGUNDO, Calif., July 23, 2024 (GLOBE NEWSWIRE) -- Today, Beyond Meat (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BYND#NASDAQ">BYND</a>), a leader in plant-based meat, debuted a new product line with the introduction of Beyond Sun Sausage&#x2122;. Filled with wholesome ingredients from vegetables, fruits and legumes, including spinach, bell peppers, yellow peas, brown rice, red lentils and faba beans, the tasty and healthy new product is not intended to replicate beef, pork or poultry but rather be its own delicious, satisfying protein option that comes in three bold, culinary-forward flavors: Cajun, Pesto and Pineapple Jalapeño.

Beyond Meat Debuts "Beyond Sun Sausage", Exclusively At Sprouts Farmers Market Stores Nationwide

Beyond Meat, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BYND#NASDAQ">BYND</a>) shares are trading lower on Monday on continued weakness after it was reported late last week that the company&#8217;s liquidity position had deteriorated <a href="https://www.wsj.com/articles/beyond-meat-engages-bondholders-for-restructuring-talks-7de6b8ae?mod=Searchresults_pos1&amp;page=1">caused the stock to drop</a>.
What To Know: The report also suggested that the company reached out to a group of bondholders to start discussions about restructuring its balance sheet.
Last Thursday, the company&#8217;s stock was trading around $6.20. As of Monday morning, the stock is trading at $5.80. The current trading price is at the bottom of its 52 week range of $5.58 to $17.96 and below its 50 day moving average of $7.08.
Beyond Meat is anticipated to release quarterly financial earnings on August 5. Analysts estimate a loss of 51 cents per share and revenue of $87.80 million.
How To Buy Beyond Meat Shares
By now you're likely curious about how to participate in the market for Beyond Meat (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BYND#NASDAQ">BYND</a>) &#8211; be it to purchase shares, or even attempt to bet against the company.
Buying shares is typically done through a brokerage account. You can find a list of <a href="https://www.benzinga.com/money/best-stock-trading-platforms">possible trading platforms here.</a> Many will allow you to buy ‘fractional shares,' which allows you to own portions of stock without buying an entire share. For example, some stock, like Berkshire Hathaway, or Amazon.com, can cost thousands of dollars to own just one share. However, if you only want to invest a fraction of that, brokerages will allow you to do so. 
In the the case of Beyond Meat (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BYND#NASDAQ">BYND</a>), which is trading at $5.8 as of publishing time, $100 would buy you 17.24 shares of stock.
If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to ‘go short' a share of stock by lending you the shares to sell. The process of shorting a <a href="https://www.benzinga.com/money/how-to-short-a-stock">stock can be found at this resource.</a> Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading &#8211; either way it allows you to profit off of the share price decline.
Related Link: <a href="https://www.benzinga.com/news/earnings/24/07/39883168/royal-caribbean-pre-q2-earnings-analysis-should-you-buy">Royal Caribbean Pre-Q2 Earnings Analysis: Should You Buy?</a>
BYND Price Action: As of Monday morning, the stock is trading 1.9% lower at $6.01, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
Image: Courtesy of Beyond Meat.

What's Going On With Beyond Meat Stock Monday?

Beyond Meat: In Spite Of Improving Gross Margins, There's Little To Cheer Here

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
A few years ago, venture capital poured a lot of money into the plant-based foods market. 



At the time, the possibilities seemed bright. Particularly with younger more health-conscious consumers, it seemed like &ldquo;better for you&rdquo; foods could take major market share.



However, fast-forward to 2024, and adoption has been much slower than anticipated. Major fast-food chains have started to <a href="https://www.bloomberg.com/news/articles/2024-06-26/mcdonald-s-says-plant-based-test-in-two-key-us-cities-failed">give up on vegan burgers</a> after unsuccessful product tests, and sales momentum has slowed at grocery stores as well.



Be it the high cost of plant-based foods in these inflationary times, perceived inferior taste and texture, or simply consumer indifference, plant-based foods have failed to revolutionize the packaged foods industry so far. These three plant-based <a href="https://investorplace.com/industries/consumer-staples/food/">food stocks</a> to sell are in particular trouble.



<h2>Beyond Meat (BYND)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/02/bynd1600-1-1-300x169.png" alt="Editorial photo on Beyond Meat (BYND) theme. Illustrative photo for news about Beyond Meat - a producer of plant-based meat substitutes. BYND stock"><div>Source: photo_gonzo / Shutterstock.com</div></div>Beyond Meat (NASDAQ:<a href="https://investorplace.com/stock-quotes/bynd-stock-quote/">BYND</a>) stock is back on traders&rsquo; radars. Last week, shares popped from around $5.25 to more than $6/share following the company&rsquo;s <a href="https://investorplace.com/earning-results/2024/08/bynd-stock-earnings-beyond-meat-for-q2-of-2024/">earnings report</a>. That&rsquo;s not too unusual.



What happened next, however, was bizarre. On Friday, shares with no reported news skyrocketed from $6 to $9 within an hour. Almost as soon as it happened, it was over. BYND stock crashed back to $6.39 by the end of the day and closed the session in the red despite the earlier 40% rally.



Beyond Meat&rsquo;s earnings weren&rsquo;t awful &mdash; the company shrunk its operating loss, and results were roughly in line with expectations. However, the business continues to shrink. Revenues of $93.2 million fell sharply year-over-year from 2023&rsquo;s $102.2 million over the same period.



Even in a time of elevated inflation, Beyond Meat seems unable to increase product pricing without losing customer interest. This speaks to a weak brand struggling to hold shelf space in a crowded protein marketplace.



BYND stock has been volatile recently. However, the business&rsquo; trajectory continues to be steadily downward and traders should get off this ride while they can.



<h2>Oatly (OTLY)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/06/otly-1600-300x169.jpg" alt="otly stock Rolled oats or oat flakes in bowl with wooden spoons"><div>Source: Vladislav Noseek / Shutterstock.com</div></div>One of the most active parts of the alternative food space has been in the race to supplant cow&rsquo;s milk. In recent years, we&rsquo;ve seen strong marketing drives behind almond, soy, rice, coconut, hemp and pea milks.



And that&rsquo;s even before getting to Oatly (NASDAQ:<a href="https://investorplace.com/stock-quotes/otly-stock-quote/">OTLY</a>) and its oat-based alternative. The company was founded in the 1990s and markets itself as the original oat drink superior to animal-based milks. However, its nutritional data shows that Oatly contains much more sugar than protein, leading some nutritionists to question how much healthier oat drinks are versus cow milk.



In any case, Oatly has struggled to find a consistent market. In 2021, the company announced big partnerships, such as bringing Oatly to Starbucks (NASDAQ:<a href="https://investorplace.com/stock-quotes/sbux-stock-quote/">SBUX</a>) stores nationwide.



However, the firm&rsquo;s revenue growth dramatically tailed off in 2022. Meanwhile, it continues to run massive operating losses. Oat milk has to compete with all the other plant-based milk within the oat space versus cheaper store-branded alternatives. All this makes Oatly&rsquo;s future incredibly challenging.



<h2>Calavo Growers (CVGW)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/11/calavo-cvgw-1600-300x169.jpg" alt="Calavo Growers branded Mexican avocados in a supermarket in New York"><div>Source: rblfmr / Shutterstock.com</div></div>Unlike the other two names here, Calavo Growers (NASDAQ:<a href="https://investorplace.com/stock-quotes/cvgw-stock-quote/">CVGW</a>) isn&rsquo;t quite a pure-play plant-based foods stock. The company wasn&rsquo;t created to displace an existing animal food commodity.



That said, Calavo&rsquo;s core market, avocados, has emerged as a leading health food item&mdash;particularly for younger consumers. It&rsquo;s no coincidence that avocado toast became the touchstone item for what millennial eaters were spending their incomes on.



In any case, Calavo&rsquo;s avocados and other fresh fruits and vegetables are a nice alternative for folks looking to reduce or entirely stop their consumption of animal foods.



Unfortunately, a good nutritious trend isn&rsquo;t necessarily a good investment. CVGW stock has slumped in recent years amid disruptions in a key avocado-growing region of Mexico. These issues appear to be <a href="https://nypost.com/2024/07/02/us-news/mexican-cartel-violence-could-drive-up-prices-of-avocados-in-the-us/">getting worse</a>, not better, which could further hamper Calavo&rsquo;s profit margins.



Calavo&rsquo;s revenues slumped from $1.19 billion in 2022 to an estimated $644 million this year, a massive decline. Thus, CVGW stock looks like a value trap, given the uncertainty in its business model and issues in the avocado supply chain.



On the date of publication, Ian Bezek did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com <a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/">Publishing Guidelines</a>.



On the date of publication, the responsible editor did not have (either directly or indirectly) any positions in the securities mentioned in this article.
<div>Ian Bezek has written more than 1,000 articles for InvestorPlace.com and Seeking Alpha. He also worked as a Junior Analyst for Kerrisdale Capital, a $300 million New York City-based hedge fund. You can reach him on Twitter at @irbezek.</div><h3>More From InvestorPlace</h3>
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Press Releases

General

Beyond Meat® Unveils New and Expanded Line of Beyond Crumbles, Now Certified by the American Heart Association's Heart-Check Program and the American Diabetes Association's Better Choices for Life Program

Restaurants

Beyond IV, the Fourth Generation of the Beyond Burger® and Beyond Beef®, Debuts at Grocery Stores Across the U.S. Including at Walmart and Kroger

Beyond Meat® to Report First Quarter 2024 Financial Results on May 8, 2024

Beyond Meat® Reports First Quarter 2024 Financial Results

NEARLY HALF OF CANADIANS THINK GIVING UP SOCIAL MEDIA WOULD BE EASIER THAN GIVING UP RED MEAT - NEW BEYOND STEAK® IS HERE TO PROVE THEM WRONG

Beyond Meat® Expands Beyond IV Product Line with the Debut of New Beyond Sausage® at Grocery Stores Nationwide, Including at Kroger and Whole Foods Market

Beyond Meat Debuts New Product Innovation, Beyond Sun Sausage™, Exclusively at Sprouts Farmers Market Stores Nationwide

Beyond Meat® to Report Second Quarter 2024 Financial Results on August 7, 2024

Beyond Meat® Reports Second Quarter 2024 Financial Results

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