Why Beyond Meat Stock Plummeted by Almost 6% Today
The bear market spared few stocks on Monday. One of the companies particularly gored by the angry animal was Beyond Meat (NASDAQ: BYND). The alt-protein specialist saw its shares decline by 5.7% during the course of the day, following the announcement of a new company facility in Asia.
On Monday, Beyond Meat said that it has secured a lease for a new research and development (R&D) center in Shanghai.
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Source Fool.com