Short Interest for Beyond Meat Remains High. Is There Hope Left for the Stock?
Beyond Meat (NASDAQ: BYND) has fallen 50% in value since its initial public offering in 2019, and 95% from its all-time high. It hasn't been a good investment despite the hype around plant-based meat alternatives. And there are no shortage of bearish investors out there expecting the business to fail. Can Beyond Meat possibly turn things around, or is this a stock you should stay far away from?
There is an increasing number of people who are betting against the success of Beyond Meat and who are shorting the stock:
Source Fool.com
