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Why Beyond Meat Stock Plunged 31% in August

Why Beyond Meat Stock Plunged 31% in August

Shares of Beyond Meat (NASDAQ: BYND) stock dropped 31% in August, according to data provided by S&P Global Market Intelligence. Beyond Meat was a stock market darling when it went public in 2019. It was demonstrating incredibly high growth, including several quarters of triple-digit sales growth.