Key Highlights
- Despite an expanded partnership with Walmart, plant-based meat sales are stalling in the U. S.
- 10 stocks we like better than Beyond Meat › In mid-October, an army of retail investors, many taking their cues from social media, sparked a rally in Beyond Meat (NASDAQ: BYND) that propelled the previously struggling stock from around $0.50 to nearly $8 in just days.
- Those gains evaporated, and the shares' penny stock status was reborn, as highlighted by a Dec.
- 19 close of $1.11.
- Betting on a sequel is a long-odds wager unlikely to pay off because good news, including the company's debt-reducing efforts, looks priced into the stock.
