Beyond Meat, Inc. has been listed as one of the 13 Best Bear Market Stocks to Buy Right Now. The company, known for its plant-based products, reported a 19.6% year-over-year decline in Q2 revenue to $75 million with a net loss of $29.2 million. To address losses, they plan to cut 6% of their workforce and focus on margin expansion.

As part of their strategic shift, Beyond Meat introduced Beyond Ground, a plant-based mince with 27g of protein per serving. The company is rebranding as “Beyond” to focus on versatile plant proteins for everyday consumption. Future innovations may include lentil sausages, chickpea hot dogs, and post-workout protein options.

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Read more at Yahoo Finance: Beyond Meat, Inc. (BYND) Cuts Jobs as Revenue Slumps 20% in Q2