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50839770 No.50839770 [Reply] [Original]

>Market Watch cited a recent analysis by independent equity research company New Constructs in which Beyond Meat was listed as a 'zombie stock' that could soon hit $0 a share.
>'With just $548 million in cash and cash equivalents on the balance sheet at the end of 1Q22, Beyond Meat’s cash balance could only sustain its cash burn for just 10 months after 1Q22. Raising additional capital to fund further cash burn would likely come at a high cost and be bad news for existing and new shareholders.'

>> No.50839812
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50839812

Link to article. 4chud is flagging it as spam for some reason.

>> No.50840131

>>50839812
You need to change ph to is.

>> No.50840161

>>50839770
Kek my buddy works there

>> No.50840406

>>50839770
Wtf? Veganism is more popular than every, just the other day I noticed they have a whole new line of frozen burgers at the store, and it's literally more expensive than meat, how do they not turn a profit?

>> No.50840444

>>50840406
the market for beef alternatives got huge in the last years, beyond burger is just too expensive and faces too harsh competition.

>> No.50840461

>>50839770
When they say "eat the bugs", they mean YOU, not them. You need to reduce your living standards so they can maintain theirs.

>> No.50840727

>>50839770
Plant based future is inevitable

>> No.50841058
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50841058

>>50840406
>just the other day I noticed they have a whole new line of frozen burgers at the store
Nobody buys that shit lmao

>> No.50842817
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50842817

>>50839770