Posted by DigiNomad on 28th of Feb 2024 at 10:30 am
BYND - like everything else, they're trying to pitch it as
healthy on CNBC. But any of my fellow nutrition label readers out
there know that this stuff is bad or worse for people than red
meat. Short interest makes sense (if funnymentals mattered to
this market...they don't)
"Beyond Meat said fourth-quarter revenues decreased 7.8%
year-over-year to $73.7 million, which beat consensus
estimates of $66.66 million. The plant-based meat company
reported a fourth-quarter loss of $2.40 per share, versus a loss of
$1.05 per share in the prior year’s quarter.
The company expects full-year 2024 revenues to be between
$315 million and $345 million.
BYND - I missed the
Posted by timebandit on 28th of Feb 2024 at 10:24 am
BYND - I missed the volume spike into earnings yesterday. 37% short interest
BYND - like everything else,
Posted by DigiNomad on 28th of Feb 2024 at 10:30 am
BYND - like everything else, they're trying to pitch it as healthy on CNBC. But any of my fellow nutrition label readers out there know that this stuff is bad or worse for people than red meat. Short interest makes sense (if funnymentals mattered to this market...they don't)
"Beyond Meat said fourth-quarter
Posted by EdZ on 28th of Feb 2024 at 10:36 am
"Beyond Meat said fourth-quarter revenues decreased 7.8% year-over-year to $73.7 million, which beat consensus estimates of $66.66 million. The plant-based meat company reported a fourth-quarter loss of $2.40 per share, versus a loss of $1.05 per share in the prior year’s quarter.
The company expects full-year 2024 revenues to be between $315 million and $345 million.
Haha. This turd of a
Posted by DigiNomad on 28th of Feb 2024 at 10:44 am
Haha. This turd of a press release is why people are short (and getting their asses handed to them)