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https://www.barrons.com/articles/beyond-meat-stock-revenue-forecast-cut-51634915327
Oct. 22, 2021 11:09 americium ET
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Beyond Meat shares tumbled 14% successful aboriginal trading aft the institution slashed its forecast for gross successful the fiscal 3rd quarter, citing operational problems linked to the Delta variant of Covid-19.
The shaper of plant-based faux nutrient (ticker: BYND) was down to $93.58 aft the institution said Friday it expects nett gross for the 4th of astir $106 million, compared with its anterior forecast of $120 cardinal to $140 million.
The...
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