Story perspectives
Beyond Meat Delays Earnings, Shares Plunge 12% Amid Concerns
11/3/2025
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Story summary
- Beyond Meat delays its third-quarter earnings to November 11, 2025 to assess a potential impairment charge on assets.
- The announcement caused shares to drop about 12%, extending declines after a meme-stock rally.
- The stock surged about 240% earlier, driven by retail investors, but is now 63% lower year-to-date.
- Weak sales and changing consumer preferences, amplified by inflation and weight-loss medications, have left investors concerned about its financial health.
