2 Reasons to Sell Beyond Meat Stock in 2023
After Beyond Meat (NASDAQ: BYND) saw its stock lose over three-quarters of its value in 2022, investors can be forgiven for thinking the slide is drawing to a close. But they might be mistaken.
In 2023, the meat-substitute producer will face an uphill battle as it seeks to create value in a hugely competitive and low-margin industry. Let's explore two reasons it could continue to fail.
Beyond Meat was historically considered a growth stock because of its rapid expansion and potentially disruptive business model, but that thesis now seems to be breaking down.
Source Fool.com
