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Market Closed -
Other stock markets
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5-day change | 1st Jan Change | ||
| 8.21 USD | -0.85% |
|
+20.91% | -7.75% |
| 01:30pm | Stocks Down Pre-Bell Ahead of Latest Earnings Results; Asia, Europe Churn | MT |
| 12:22pm | North American Morning Briefing : Stock Futures Struggle as Rate Cut Optimism Fades | DJ |
(Reuters) - Beyond Meat on Wednesday missed Wall Street estimates for quarterly revenue as consumers trade down to cheaper alternatives from its pricier plant-based meat products in the face of decades-high inflation.
The company's net revenue fell to $82.5 million in the quarter from $106.4 million a year earlier. Analysts on average had expected $98.1 million, as per Refinitiv IBES data.
(Reporting by Granth Vanaik and Ananya Mariam Rajesh in Bengaluru; Editing by Maju Samuel)
Price
|
Change
|
5d. change
|
Capi.
| ||
|---|---|---|---|---|---|
| 240.2 USc | -0.78% | -1.77% | - | ||
| 154.8 USc | -2.32% | -1.32% | - | ||
| 1st Jan change | Capi. | |
|---|---|---|
| -7.75% | 532M | |
| +3.29% | 669M | |
| -14.08% | 403M |
BEYOND MEAT, INC. 