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Benzinga
Benzinga
Business
Henry Khederian

Beyond Meat (BYND) Fights Back Against Bankruptcy Rumors: What's Going On?

Beyond Meat BYND Beyond Meat Inc United States
Beyond-Burger-Meat-Case-1

Shares of Beyond Meat Inc (NASDAQ:BYND) are trading lower Friday morning after the company pushed back against media reports suggesting it was headed for bankruptcy.

What To Know: On Thursday evening, the plant-based meat company posted a statement on social media unequivocally denying the rumors. "Recent media stories suggesting that Beyond Meat filed for bankruptcy are unequivocally false," the company stated. "We have not filed nor are we planning to file for bankruptcy".

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