DJ Beyond Meat Inc. Stock Falls Thursday, Underperforms Market
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Shares of Beyond Meat Inc. $(BYND)$ took a -11% dive 11.25% to $5.84 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index rising 1.51% to 19,269.46 and the Dow Jones Industrial Average remaining mostly unchanged at 43,729.34.
The stock's fall snapped a two-day winning streak.
Beyond Meat Inc. closed $6.28 short of its 52-week high ($12.12), which the company reached on February 28th.
Trading volume (7.8 M) eclipsed its 50-day average volume of 1.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 7, 2024.
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(END) Dow Jones Newswires
November 07, 2024 17:23 ET (22:23 GMT)
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