Beyond Meat Inc (BYND)

[slimhere]

I believe that BYND is a "cult" stock, so that plays into the share price. I also believe (this much more strongly, it's going to be how Q and A goes after the earnings report. As for those earnings, I sure hope your analysis is off, I believe Q3 Consensus is .05 with a range of -$0.06 to $0.14, so we'll see-clearly, that's a hell of a range; furthermore, the market is going to want to hear higher revenues in Q3 in a glossy way.

I have some traders, I feel lucky for I also own PFE.




CFRA MAINTAINS SELL OPINION ON SHARES OF BEYOND MEAT, INC.
2:51 pm ET November 9, 2020 (CFRA) Print
Earlier today during a McDonald's investor call, MCD executives said they would be launching a plant-based burger called McPlant. They went on to say that McPlant would be "crafted exclusively for MCD, by MCD," which caused BYND shares to tank over 10%. Later though, BYND shares have bounced from their lows after unconfirmed reports stated that BYND and MCD co-created the plant-based patty within the McPlant platform. If true, we think this means BYND would manufacture and supply the plant-based patty to MCD, which would then market it as if it was were its own brand (i.e. private label), a similar dynamic to back when BYND and MCD tested the P.L.T. burger in Canada. It has been a roller coaster of a day for BYND shares, but hopefully we get more information during BYND's analyst call at 4:30 PM EST today.