Beyond Meat stock and Bitcoin are trading in an almost identical pattern. Both BYND and BTC/USD have been accused of being bubbles, in the past and neither will like the comparison with the other. Wall Street doesn’t seem to care. Beyond Meat (NASDAQ: BYND) and Bitcoin (BTC/USD) have both enjoyed the strong rally since markets…
Beyond Meat’s Q4 and full-year 2019 earnings will be released Thursday after-market. Competition in the plant-based meats sector has grown with numerous startups making their presence felt. The biggest threat is from food giants such as Tyson Foods and Nestle. Beyond Meat (NASDAQ:BYND) will be announcing its Q4 2019 earnings at a time when the…
The age of alternative meats is upon us. Beyond Meat is a $5 billion public company selling burgers in Canadian McDonald’s and American Carl’s Jr., breakfast sausages in Dunkin, and even chicken in a limited trial at KFC. Meanwhile, Impossible Foods has become a runaway hit at Burger Kings around the country. And the company…
Denny’s signed an agreement with the plant-based food manufacturer Beyond Meat to use Beyond’s meat replacement in a new menu item — the Denny’s Beyond Burger. Beyond Meat and its largest rival, Impossible Foods, are engaged in a fierce competition to provide meat alternatives to some of the nation’s largest food companies, but increasingly Beyond…
Beyond Meat stock may have gotten the wind knocked out of it, but that doesn’t mean it’s down for the count. Right now, investors are showing little appetite for BYND, but the stock is still up by a double-digit percentage year-to-date. The alternative meat company is a first-mover, and it will have an advantage if…
Gold had a fantastic start to the second half of the year as it finally took out long-term resistance of $1,350 in June. The price action attracted breakout traders who helped push the precious metal to as high as $1,557.07 in September. Since then, the commodity has been retracing. The corrective price movement is driving…
The stock of Beyond Meat (NASDAQ: BYND) has continued its upward trend during Friday’s pre-market hours. This follows an announcement by McDonald’s (NYSE: MCD) that they are testing a plant-based meat burger at some of its locations in Canada starting next week.After closing Thursday’s trading session at $154.34, Beyond Meat surged by 11.58% early Friday.Beyond…
Beyond Meat, which IPO’d earlier this year, decided combine its fake meat – ahem plant-based chicken – with Colonel Sanders’ 11 herbs and spices. Unless the idea is to inherit the stigma and calories that are generally associated with fast-food joints, this pairing is a terrible idea. KFC is synonymous with comfort food, and patrons…
Beyond Meat reported its quarterly earnings on Monday. The numbers are not terribly impressive and hardly justify Beyond Meat’s stock valuation. Yet the company made a separate announcement that tanked the stock and will continue to tank the stock going forward. Beyond Meat’s stock was under pressure in after-hours trading. | Source: Yahoo FinanceFirst, though,…
