Beyond Meat’s stock is getting fried because revenue is plummeting

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Beyond Meat Inc.’s stock is being grilled after the maker of plant-based meats announced a precipitous drop in revenue and reduced its full-year 2023 net revenue forecast.

On Monday, Beyond Meat BYND shares  dove 12% in extended trading following quarterly results that showed signs of life following a prolonged narrative of rough times for the industry.

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