The Latest Breaking News from Beyond Meat

"Doug Ramsey, chief operating officer, has been suspended effective immediately,' Beyond Meat said in a brief statement late Tuesday.

Stock futures edge higher with Fed in sharp focus; Powell to clarify fed rate path as inflation debate rages; Gas prices rise, ending 99 day streak of declines, as oil jumps; Beyond meat suspends executive after weekend arrest in Arkansas and Stitch Fix shares dive after Q4 loss, muted sales…

Beyond Meat said it has indefinitely suspended Chief Operating Officer Doug Ramsey after he was charged with felony battery following a fight in which he was accused of biting a man's nose.

Douglas Ramsey allegedly punched a motorist and bit his nose so hard that it tore flesh, police report says

Reuters What Recession? AmEx Shares Ambitious Hiring Plans As Peers Let Go Staff

The COO of the meat alternative company was reportedly arrested in parking garage dispute that escalated in a very unusual way

Police arrived at the parking garage to a bloody scene, local news reported

While consumers have not exactly embraced plant-based meats at fast-food chains, the chains keep trying.

The popularity of plant-based proteins, or “fake meat”, has increased in recent years as consumers look to eat fewer animal products. In fact, plant-based protein is projected to be a A$3 billion opportunity for Australia by 2030.

U.S. stock futures traded higher this morning on Thursday ahead of the PPI data for July. Investors, meanwhile, focused on some notable insider trades.

As demand for vegan alternatives for meat-based products grows, Beyond Meat’s (BYND) innovative business model has enabled them to grab the market. However, the company’s lack of profitability and lofty valuation has raised significant investor concerns over its prospects. In addition, poor analysts’ ratings further make the stock’s near-term prospects…