15 Days Ago
2 Min Read

Gone Hungry? Beyond Meat (BYND) descended today. Here's what's moving the stock:

BYND
+0.75% 24h



Shares of Beyond Meat Inc (BYND) are trading -5% lower at a price of $16.225 at the time of this writing. While the Consumer Staples sector is having a slightly depressed day in general, the company is trailing behind it's peers.


Apparently the Beyond Meat left COO, Ethan Brown, hungry as he was arrested for biting another man's nose in an incident following a college football game. The incident is still under investigation.

Beyond Meat Inc has been trading between a 52-week high of $115.48 and a 52-week low of $17.05. The stock has a market cap of $1.03 Billion.

Beyond Meat, Inc. is one of the fastest growing food companies in the United States, offering a portfolio of revolutionary plant-based meats made from simple ingredients without GMOs, bioengineered ingredients, hormones, antibiotics, or cholesterol. Founded in 2009, Beyond Meat products are designed to have the same taste and texture as animal-based meat while being better for people and the planet.


Headlines


Beyond Meat executive arrested on suspicion of biting a man''s nose
CNN 09-20-22

Fake Meat Has a Bright Future. Why Beyond Meat Stock Is Tanking.
Barron''s 09-20-22

Beyond Meat COO Doug Ramsey arrested for biting man''s nose in road rage incident. See what happened
Economic Times India 09-20-22

Beyond Rage: Beyond Meat COO Arrested for Allegedly Attempting To Bite Off Man’s Nose, Stock Hits Record Low
The Deep Dive 09-20-22

Companies - Beyond Meat executive charged with biting a man in fight
Business Mag 09-20-22


As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:

xcheezeplz - 40 upvotes - source
Cannibalism is the most environmentally friendly option for consuming meat. Bullish, BYND on to something with this new pivot.

BlackberryCobbler1 - 17 upvotes - source
It is reassuring as an investor to see a COO who knows how to get the job done. Calls on BYND

LightBoyRick69 - 12 upvotes - source
This guy probably takes more steroids than eat BYND

Clutch3131 - 9 upvotes - source
I sympathize with the BYND COO. A human nose probably tastes a lot better than that dog shit fake meat they sell

MinimumCat123 - 6 upvotes - source
BYND COO arrested for biting mans nose after football game. Cant be good for a company that sells fake meat that their COO is out there trying to eat people.

Himalayanmulberry - 5 upvotes - source
Bynd calls far otm tomorrow

EvlSteveDave - 5 upvotes - source
Look at how fucking far BYND has fallen.... you would be both wise and stupid as fuck to take out puts on this stock at this point... which is why I hate the fucking markets.

Richard-Smeller - 5 upvotes - source
lol, u guys see what bynd COO did?

xcheezeplz - 5 upvotes - source
Puts on BYND. The COO triggered the core demo. He ate meat, but what's even worse is he punched out the window of a Subaru Outback (and its owner).

surmoiFire - 5 upvotes - source
BYND market cap has fallen below WSB standard 🤡