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US Stock Movers | Beyond Meat Down 4.7% in Pre-market Trading, Q4 Preliminary Revenue Falls Short of Expectations + Delays Annual Report Release
Gelonghui March 17 | U.S. plant-based meat producer Beyond Meat (BYND.US) fell 4.7% pre-market, trading at $0.77. On the news, Beyond Meat announced that its preliminary revenue for the fourth quarter was approximately $61 million, below analysts’ expected $62.6 million. The company stated it will delay filing its 2025 annual report and currently expects to submit the annual report to U.S. securities regulators by March 31. The potential impact of inventory review on its financial statements has not yet been determined. (Gelonghui)