Shares of Beyond Meat, Inc. (BYND) are surging more than 60 percent in pre-market at $12.14, after the plant-based meat maker's CEO announced plans to turn around the business, including price hikes and and cost cuts.
Beyond Meat’s revenue fell nearly 9% in the third quarter as higher sales of its plant-based meat in Europe failed to make up for plummeting demand in the U.S. Beyond Meat on Wednesday reported revenue of $75.3 million for the July-September period
Beyond Meat’s revenue fell nearly 9% in the third quarter as higher sales of its plant-based meat in Europe failed to make up for plummeting demand in the U.S. Beyond Meat on Wednesday reported revenue of $75.3 million for the July-September period.