Beyond Meat shares fall 19% amid slowing veggie burgers demand
Shares of Beyond Meat slumped as much as 19 percent Friday after the faux meat maker signaled slowing demand at restaurants and grocers with a weak sales forecast, raising questions on whether its business is nearing saturation. Sales of its plant-based meat fell at several fast-food chains in the third quarter, when the country was in the grip of the Delta COVID-19 […]
