From NationalFile.com…
Plant-based synthetic meat-like product manufacturer Beyond Meat’s stock price is down 45% over last year and 14% for the day after the company’s preliminary net revenue estimate for the third quarter missed the company’s previous planned number by around $30 million.
Early in the company’s history, the fake meat supplier boasted enormous success and was aided by media figures promoting its industry and class of products, meat-like products that do not come from animals.