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Benzinga
Benzinga
Business
Adam Eckert

Why Beyond Meat Shares Are Sliding Today

Beyond Meat Beyond Meat Inc BYND

Beyond Meat Inc (NASDAQ:BYND) is trading lower Friday after the company reported weak top-line results for the fourth quarter and issued guidance below estimates.

Beyond Meat said fourth-quarter revenue declined 1.2% year-over-year to $100.7 million, which came in below the estimate of $101.36 million. The plant-based meat company reported a quarterly earnings loss of $1.27 per share. 

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