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Beyond Meat gains third day in a row in mini-comeback


Beyond Burger and Beyond Beef packages

Sundry photography

Besides meat (NASDAQ:BYND) Rose 4.88% in afternoon trading on Thursday as the stock looks set for a third straight day of gains. For the week, shares of Beyond Meat jumped more than 14% in a small comeback after the stock has lost almost 80% of where it was at the start of the year.

BYND is a battleground stock with short interest making up over 40% of all floats.

Discount Case on Beyond Meat (BYND) tied to the story that revenue growth did not go as expected due to reduced retail sales and less impressive restaurant openings. In Q3, Beyond Meat (BYND) recorded a 22.5% year-over-year decline in revenue and a larger year-over-year EBITDA loss. The company notes that all markets and channels are negatively impacted by a combination of weaker-than-expected demand, certain customer and distributor changes, such as reduced inventory levels. target.

The BYND Search Alpha Quantitative Rating is Still at Strong Sell. The last two articles on BYBD from authors looking for Alpha are also on the bearish side.

Besides meat (BYND) is one of the outstanding stocks in Looking for Alpha Catalytic Clock last week due to expected volatility.

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