Why Beyond Meat Stock Sank 24.5% in December

From Nasdaq: 2025-01-07 00:01:37

Beyond Meat’s stock fell 24.5% in December, following a trend away from plant-based products. The company posted revenue growth but continues to lose money, with the stock down 98% from all-time highs. Revenue is shrinking, and the stock price collapsed due to a large free cash flow burn. Despite some progress, Beyond Meat is still burning over $100 million in free cash flow annually. The company has never generated a profit. Pessimism around plant-based meat and lack of interest led to the stock tanking in December and throughout 2024. With a weak gross margin and negative free cash flow, buying Beyond Meat stock is not advisable.

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