Beyond Meat posted better-than-expected earnings but dropped 9% in after-hours trading. Analysts fear both overvaluation and the prospect of a deluge of BYND shares coming on the market as 80% of the IPO stock becomes available for sale. Despite the reaction on Wall Street, Beyond Meat’s CEO Ethan Brown believes the company is on the […]
The post Beyond Meat (BYND) Gets Crushed Post Earnings, Insider Exodus Looms appeared first on CCN.com
source https://www.ccn.com/beyond-meat-bynd-gets-crushed-post-earnings-insider-exodus-looms/
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