Author Topic: Beyond Meat’s stock collapses after debt deal  (Read 45 times)

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Offline rangerrebew

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Beyond Meat’s stock collapses after debt deal
« on: Today at 06:17:36 am »
Green Flagship “Beyond Meat” Shares Plunge After Debt Restructure
9 hours ago Eric Worrall 34 Comments
Essay By Eric Worrall

Bill Gates’ Beyond meat, promoted as a climate friendly alternative to real meat, is struggling with consumer backlash against processed foods.

Beyond Meat’s stock collapses after debt deal

By Laurence Darmiento
Staff Writer
Oct. 16, 2025 3 AM PT

Shares of El Segundo-based Beyond Meat fell to less than $1 after a debt deal, down from their 2019 peak of nearly $235.

The plant-based meat maker has seen sales plunge from $465 million in 2021 to $326 million last year as consumers return to animal protein.

Second-quarter sales dropped 20%, part of a broader 18% decline across the U.S. plant-based meat industry over the last two years.

What does it cost a company when it’s no longer in the zeitgeist? For stockholders in Beyond Meat, perhaps as much as 99% of their money, if they bought at the top of the market.

Shares of the El Segundo maker of plant-based meats, an investors’ darling a few year ago, collapsed this week to less than $1 after the company wrapped up a deal to reduce its debt burden. The deal involves issuing up to 326 million new shares to the note holders.

https://wattsupwiththat.com/2025/10/19/green-flagship-beyond-meat-shares-plunge-after-debt-restructure/
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Offline rangerrebew

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Re: Beyond Meat’s stock collapses after debt deal
« Reply #1 on: Today at 06:18:44 am »
Oh no!  Not another climate enterprise bomb for Bill Gates?  How sad. :laughingdog:
The unity of government which constitutes you one people is also now dear to you. It is justly so, for it is a main pillar in the edifice of your real independence, the support of your tranquility at home, your peace abroad; of your safety; of your prosperity; of that very liberty which you so highly prize. But as it is easy to foresee that, from different causes and from different quarters, much pains will be taken, many artifices employed to weaken in your minds the conviction of this truth.  George Washington - Farewell Address