x993231
2 months ago
Shorts just covered 79k Pre Market The price is up 45 cents.
Only 23,200,000 shares to go that is 2,936 of those 79k covers wait what would happen if we multiplied 2936 x .45 = that is $1321 per share, lets say that I'm off by a factor of 10 that is $132 + 11 bucks or $143.
If I'm off by a factor of 100 $13 per share plus $11 = $24
Interesting, there is no way to tell how high or how long this will play out but at 338% Interest if it lasts 3 months and a small short had $10k invested Broker Loaned them $10k Lets say they shorted this at $7
$20k realized after the shorts sold 2,857 shares at $7
that $20k is costing them $67,600 per year or $185 per day or $5,556 per month, remember that they only invested $10k.
OK so lets say that they are able to cover at $11 2857 x $11 = $31,427 but they only have $20k ($10k original investment plus $10k the broker loaned them) So they loose $21,427 Plus $5,556 per month in interest for that 3 month play ($16,668).
$21,427 + $16668 = $38,095
Not exactly for the faint of heart.
X Hopefully they hedged that bet with options but I only used $11 which is proly where many protected themselves via a call option.
As options strategies go, shorting the stock and buying the call is very straightforward. One starts with shorting a stock in the usual manner. However, the investor also purchases a call option at the same time. The call gives the investor the right to buy the stock at a certain price during a specific time period.
The shorts just sold 20k back so it stands at 59k returned this morning up 25 cents
45 Cents on 79k
25 cents on 59k
Pretty much the same ratio.
X
jgrabar
6 months ago
A recently filed securities fraud class action alleges that Beyond Meat (NASDAQ: BYND), through certain officers and directors, made material misrepresentations and omissions concerning the Company’s ability to produce plant-based meats at scale to the specifications of its key customers, who the Company refers to as “partners.”
It is alleged that Beyond Meat misled investors by boasting about the success of its product tests with its large-scale partnerships, including prominent food retailers like McDonalds, Starbucks, KFC, Pizza Hut, and Taco Bell. Beyond Meat assured investors and partners that it would “ensure manufacturability” through “extensive testing,” and that it was capable of manufacturing the unique plant-based meat products at commercial scale. Further, Beyond Meat blamed any delays in launching these large-scale partnerships on Covid-19.
Certain Beyond Meat executives profited enormously from this scheme by selling hundreds of thousands of shares of their personally held Company stock at artificially inflated prices during the Class Period. For instance, Defendant Nelson sold 440,000 shares of Beyond Meat stock during the Class Period for over $58.3 million in proceeds.
The truth began to emerge on October 22, 2021, when Beyond Meat announced that the Company was reducing its third quarter net revenues outlook by up to $34 million, or 25%. As part of the announcement, Beyond Meat also revealed that the Company’s expenses and inventories were continuing to rise. As a result of these disclosures, the price of Beyond Meat stock declined by $12.82 per share, or nearly 12%, from $108.62 per share to $95.80 per share.
Then, on November 10, 2021, Beyond Meat announced a $1.8 million write-off of unsold inventory. As a result of this disclosure, the price of Beyond Meat stock declined by $12.55 per share, or nearly 13%, from $94.48 per share to $81.93 per share.
However, Beyond Meat continued to assure investors of the success of its partnerships. For example, on November 10, 2021, Defendant Brown claimed that the Company “overcame numerous technical challenges” and blamed its poor financial results on the Covid-19 pandemic.
Then, on November 17, 2021, an article was published in Bloomberg highlighting the delays in production and execution challenges Beyond Meat was facing. Former employees reported that there were “significant internal problems” stemming from “confusion and misalignment . . . [and] belated decision-making” that corresponded with exacerbated production delays. As a result of these disclosures, the price of Beyond Meat stock declined by $3.01 per share, or more than 3.5%, from $83.48 per share to $80.97 per share.
On December 9, 2021, after the market closed, multiple media sources reported that Taco Bell had cancelled a planned product test due to ongoing quality concerns. As a result of these disclosures, the price of Beyond Meat stock declined by $5.58 per share, or nearly 8%, from $70.09 per share to $64.51 per share.
On October 14, 2022, Beyond Meat announced the departure of several top executives, including the Company’s Chief Operating Officer, Chief Growth Officer, and Chief Financial Officer. As a result of these disclosures, the price of Beyond Meat stock declined by $1.43 per share, or over 9.6%, from $14.78 per share to $13.35 per share.
As a result of Defendants’ wrongful acts and omissions, and the resulting decline in the market value of Beyond Meat’s stock, Plaintiff and other Class members have suffered significant losses and damages.
https://grabarlaw.com/the-latest/beyond-meat-shareholder-investigation/
JMMatthews
9 months ago
Beyond Meat® Debuts Beyond Stack Burger™, the Brand’s Newest Product Innovation, at Select Kroger Stores Nationwide
The new craveable, stackable patties that are even closer in taste and texture to beef, tap into the popularity of smash-style burgers and expand Beyond Meat’s retail burger portfolio, which includes the #1 selling Beyond Burger1
This latest product introduction follows the launch of the newest iteration of the #1 selling Beyond Sausage and the expansion of Beyond Steak, the #1 new plant-based meat product in retail
EL SEGUNDO, Calif., Aug. 02, 2023 (GLOBE NEWSWIRE) -- Beyond Meat, Inc. (NASDAQ: BYND), a leader in plant-based meat, today announced the expansion of its burger portfolio with the debut of the company’s newest product innovation, the Beyond Stack Burger™. The delicious new patty is designed to be even closer in taste and texture to beef and is perfect for single, double and triple stacked burgers. The Beyond Stack Burger is debuting as smash-style burgers have grown in popularity, with a 720% increase on menus over the past four years,2 and complements this summer’s launch of the Beyond® Smashable Burger in foodservice, enabling consumers to be able to enjoy irresistible plant-based smash-style burgers both at home and on-the-go.
A Delicious, Stackable, Smash-Style Burger
Savory and delicious, early reviews praise the new Beyond Stack Burger for being “juicy,” having a “delicate crumble that truly resembles beef burgers,” and being “crispy on the outside, resembling the popular beef smash burgers.”3 Endlessly customizable and easy-to-cook, the Beyond Stack Burger goes from frozen to finished in six minutes in a skillet and can be eaten as a single patty or stacked multiple patties high, making it the perfect option to recreate popular, stackable, smash-style burgers at home. Consumers can savor their favorite smash-style burger combinations – from the timeless toppings of lettuce, tomato and cheese to an updated take on BBQ slaw – confident that they are making a better choice for themselves and the planet. As with all Beyond Meat products, the Beyond Stack Burger is a better-for-you option with no added antibiotics or hormones, no GMOs, and 35% less saturated fat than an 80/20 beef burger with 0 mg of cholesterol per serving.
“The new Beyond Stack Burger reflects our commitment to relentlessly innovate until our products are indistinguishable from animal meat in taste, texture and flavor while being more nutritious and sustainable,” said Dr. Dariush Ajami, Chief Innovation Officer at Beyond Meat. “We are thrilled to expand our retail product portfolio with this latest offering which builds upon the recent launches of the newest iteration of Beyond Sausage and our groundbreaking, heart-healthy Beyond Steak.”
Rapid and Relentless Innovation
The Beyond Stack Burger is the latest addition to Beyond Meat’s growing portfolio of category-leading products. This summer, the company launched the newest iteration of Beyond Sausage®, the #1 selling plant-based dinner sausage in retail,4 with a meatier, juicier taste and texture. The new Beyond Sausage is receiving rave reviews for being, “shockingly better than pork links,” and is an excellent source of protein with 40% less saturated fat than a leading brand of pork sausage. Additionally, the company’s Beyond Steak®, the #1 selling new plant-based meat item in retail,5 continues to grow in popularity - recently expanding availability to nearly 14,000 grocery stores nationwide – thanks to its unbeatable combination of delicious taste and strong nutritional profile which earned Beyond Steak the American Heart Association's trusted Heart-Check Mark for being a heart-healthy food.6
Plant-Based Meats Supported by Scientific Research
To help consumers make informed choices, Beyond Meat is dedicated to supporting scientific, evidence-based research on the health impact of shifting from animal-based meat to plant-based meat. In a clinical study that was conducted at Stanford University and published in The American Journal of Clinical Nutrition, researchers evaluated the impact of replacing animal-based meat with Beyond Meat’s plant-based meat over an 8-week period on cholesterol levels (including LDL), heart disease risk factors including TMAO levels, and body weight, and found improvement in key health metrics when participants replaced animal-based meat with Beyond Meat’s plant-based meat. Expanding on this body of research, in 2021, Beyond Meat established the Plant-Based Diet Initiative at the Stanford University School of Medicine and last year, entered into a multi-year agreement with the American Cancer Society to advance research on plant-based meat and cancer prevention. For more information on Beyond Meat’s efforts to positively impact human health, visit the Health page.
The Beyond Stack Burger is soft launching this week at select Kroger, Ralphs, King Soopers, Fry’s and Smith’s stores.
About Beyond Meat
Beyond Meat, Inc. (NASDAQ: BYND) is a leading plant-based meat company offering a portfolio of revolutionary plant-based meats made from simple ingredients without GMOs, no added hormones or antibiotics, and 0 mg of cholesterol per serving. 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. Beyond Meat’s brand promise, Eat What You Love®, represents a strong belief that there is a better way to feed our future and that the positive choices we all make, no matter how small, can have a great impact on our personal health and the health of our planet. By shifting from animal-based meat to plant-based protein, we can positively impact four growing global issues: human health, climate change, constraints on natural resources and animal welfare. As of March 2023, Beyond Meat branded products were available at approximately 191,000 retail and foodservice outlets in over 80 countries worldwide. Visit www.BeyondMeat.com and follow @BeyondMeat, #BeyondBurger and #GoBeyond on Facebook, Instagram, Twitter and TikTok.
https://www.globenewswire.com/news-release/2023/08/02/2716939/0/en/Beyond-Meat-Debuts-Beyond-Stack-Burger-the-Brand-s-Newest-Product-Innovation-at-Select-Kroger-Stores-Nationwide.html
BYND $$$
JMMatthews
9 months ago
Beyond Steak®, the #1 New Plant-Based Meat Item in Retail, is Now Available at Nearly 14,000 Stores Nationwide Following Expanded Distribution
Adding to current availability at Kroger, Walmart, Albertsons, Ahold, Target and Sprouts Farmers Market, Beyond Steak is now rolling out at Whole Foods Market, Publix, Wegmans, Meijer and Stater Bros. Markets stores coast-to-coast
July 11, 2023 09:00 ET | Source: Beyond Meat, Inc.
EL SEGUNDO, Calif., July 11, 2023 (GLOBE NEWSWIRE) -- Beyond Meat, Inc. (NASDAQ: BYND), a leader in plant-based meat, today announced that following a successful initial rollout, Beyond Steak®, the #1 selling new plant-based meat item in retail1, is expanding distribution to include Whole Foods Market, Publix, Wegmans, Meijer and Stater Bros. Markets. This new distribution joins existing availability of Beyond Steak at Kroger, Walmart, Albertsons, Ahold, Target and Sprouts Farmers Market, and supports Beyond Meat’s mission of making delicious, nutritious and sustainable plant-based meat products accessible for all.
Designed to deliver the juicy, tender and delicious bite of seared steak tips, Beyond Steak has been receiving rave reviews for being “tender and juicy” with a “caramelized crust,” and recently won the PEOPLE Food Awards 2023 for having, “the texture, chew and flavor” of steak. Beyond Steak can be prepared in a skillet or air fryer in just five minutes and is the perfect option for salads, sandwiches, tacos, stir fries and more.
In a testament to Beyond Meat’s efforts to create plant-based proteins that not only taste delicious but are better-for-you than their animal protein equivalents, Beyond Steak boasts 21 grams of protein, contains only 1 gram of saturated fat and has 170 calories per serving with no cholesterol or added hormones and antibiotics. Most recently, Beyond Steak was certified as a heart-healthy2 food by the American Heart Association for meeting the exacting nutrition requirements of the Heart-Check Food Certification Program, including being low in saturated and trans fats, cholesterol and sodium, and having over 10% of the Daily Value of essential nutrients. Beyond Steak was also the first plant-based meat product to receive Good Housekeeping’s Nutritionist-Approved Emblem which assesses food products on nutritional criteria as well as taste, simplicity, convenience and transparency.
“We are pleased by all the momentum around Beyond Steak as it validates the product’s delicious taste and compelling nutritional benefits. Recent data from a regional chain showed that more than 50% of households that bought Beyond Steak were new to the plant-based meat category and 2 out of 3 households repurchased Beyond Steak3, reinforcing that this is a product that is resonating with consumers,” said AK Oghoghomeh, SVP of Global Marketing, Beyond Meat.
The expansion of Beyond Steak follows the recent debut of the newest iteration of Beyond Sausage®, the #1 selling plant-based sausage in retail4. The new Beyond Sausage is an excellent source of protein with 40% less saturated fat than a leading brand of pork sausage and features a meatier texture and taste that is already receiving rave reviews for being, “shockingly better than pork links.”
“As an innovation-based company, we are leaning into this strength as we seek to bolster our position in retail and are excited to be announcing an extension to our burger platform soon,” continued Oghoghomeh.
Ready to try the award-winning Beyond Steak? Visit the Beyond Meat store locator to find Beyond Steak at a retailer near you.
About Beyond Meat
Beyond Meat, Inc. (NASDAQ: BYND) is a leading plant-based meat company offering a portfolio of revolutionary plant-based meats made from simple ingredients without GMOs, no added hormones or antibiotics, and 0 mg of cholesterol per serving. 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. Beyond Meat’s brand promise, Eat What You Love®, represents a strong belief that there is a better way to feed our future and that the positive choices we all make, no matter how small, can have a great impact on our personal health and the health of our planet. By shifting from animal-based meat to plant-based protein, we can positively impact four growing global issues: human health, climate change, constraints on natural resources and animal welfare. As of March 2023, Beyond Meat branded products were available at approximately 191,000 retail and foodservice outlets in over 80 countries worldwide. Visit www.BeyondMeat.com and follow @BeyondMeat, #BeyondBurger and #GoBeyond on Facebook, Instagram, Twitter and TikTok.
Beyond Meat Forward Looking Statements
Certain statements in this release constitute “forward-looking statements.” These statements are based on management’s current opinions, expectations, beliefs, plans, objectives, assumptions or projections regarding future events or future results. These forward-looking statements are only predictions, not historical fact, and involve certain risks and uncertainties, as well as assumptions. Actual results, levels of activity, performance, achievements and events could differ materially from those stated, anticipated or implied by such forward-looking statements. While Beyond Meat believes that its assumptions are reasonable, it is very difficult to predict the impact of known factors, and, of course, it is impossible to anticipate all factors that could affect actual results. There are many risks and uncertainties that could cause actual results to differ materially from forward-looking statements made herein including, most prominently, the risks discussed under the heading “Risk Factors” in Beyond Meat's Annual Report on Form 10-K for the year ended December 31, 2022 filed with the U.S. Securities and Exchange Commission (“SEC”) on March 1, 2023, and Beyond Meat’s Quarterly Report on Form 10-Q for the quarter ended April 1, 2023 filed with the SEC on May 10, 2023, as well as other factors described from time to time in Beyond Meat’s filings with the SEC. Such forward-looking statements are made only as of the date of this release. Beyond Meat undertakes no obligation to publicly update or revise any forward-looking statement because of new information, future events or otherwise, except as otherwise required by law. If Beyond Meat does update one or more forward-looking statements, no inference should be made that Beyond Meat will make additional updates with respect to those or other forward-looking statements.
Media Contact
Shira Zackai
Shira.Zackai@beyondmeat.com
https://www.globenewswire.com/news-release/2023/07/11/2702719/0/en/Beyond-Steak-the-1-New-Plant-Based-Meat-Item-in-Retail-is-Now-Available-at-Nearly-14-000-Stores-Nationwide-Following-Expanded-Distribution.html
BYND $$$
JMMatthews
1 year ago
Beyond Steak Earns the Prestigious Good Housekeeping Nutritionist Approved Emblem
Beyond Steak is the first plant-based meat product to earn this recognition from Good Housekeeping Institute’s Nutrition Lab, which assesses food products based on specific nutritional criteria as well as taste, simplicity, convenience and transparency.
EL SEGUNDO, Calif., April 03, 2023 (GLOBE NEWSWIRE) -- Following a rigorous evaluation by the Good Housekeeping Institute’s Nutrition Lab, Beyond Steak by Beyond Meat (NASDAQ: BYND), a leader in plant-based meat, has received the Good Housekeeping Nutritionist Approved Emblem, making it the first plant-based meat product to receive this honor.
The latest innovation from Beyond Meat, Beyond Steak is seared to a perfect crisp1 and chopped into bite-sized pieces, quickly becoming a favorite2 and receiving rave reviews for delivering a juicy, meaty3 taste that satisfies meat lovers and flexitarians alike. Made with simple and clean plant-based ingredients, Beyond Steak boasts a strong nutritional profile and is an excellent source of protein, with 21g of protein and 170 calories per serving. Beyond Steak is also low in saturated fat (1g per serving) with no cholesterol, GMOs, added antibiotics or hormones.
“Our nutrition experts at the Good Housekeeping Institute are committed to maximizing consumers’ overall health and wellbeing by providing trustworthy, evidence-based nutrition content and recommendations that encourage a balanced diet,” said Good Housekeeping Institute’s Registered Dietitian and Nutrition Director Stefani Sassos, MS, RDN, CSO, CDN. “Through our evaluation, it was clear that Beyond Steak is a groundbreaking innovation with its balanced flavor profile, tender texture and, most importantly, very impressive nutrition facts. Made free from GMOs, Beyond Steak is also cholesterol-free and low in saturated fat but still high in protein. With Beyond Steak, consumers don’t have to compromise on taste, nutrition or sustainability.”
The Good Housekeeping Nutritionist Approved Emblem was developed to help consumers lead healthier lives by empowering them to make informed food choices. Not only does the emblem provide a solution for those looking to be more health-conscious, but the products selected are also practical and evoke the tried-and-tested assurance of the Good Housekeeping brand in the food space. The Nutrition Lab assesses food products based on specific nutritional criteria as well as taste, simplicity, convenience and transparency.
“Beyond Steak is a perfect example of our brand promise to continuously innovate toward a North Star that not only delivers on delicious taste, but also provides clear nutritional benefits relative to animal-based meat,” said Kate Dugan, Vice President of Brand Innovation at Beyond Meat. “To have this product aligned with such a prestigious emblem reinforces the health impact of Beyond Steak, which was achieved without sacrificing on taste or sustainability. We’re so excited for consumers to continue enjoying Beyond Steak in their favorite dishes.”
As part of its commitment to improving human health, Beyond Meat is dedicated to supporting scientific and evidence-based research on the health implications of shifting from animal-based meat to plant-based meat. For example, in the SWAP-MEAT study, which was published in The American Journal of Clinical Nutrition, researchers reported the positive impacts of replacing animal-based meat with Beyond Meat’s plant-based meat over an eight-week period, including the improvement of several cardiovascular disease risk factors, such as LDL cholesterol levels and TMAO. Beyond Meat continues to support ongoing studies at the Plant-Based Diet Initiative at Stanford University School of Medicine and last year signed a multi-year agreement with the American Cancer Society to advance research on plant-based meat and cancer prevention.
Consumers can find Beyond Steak at a retailer near them by visiting the Beyond Meat store locator.
About Beyond Meat
Beyond Meat, Inc. (NASDAQ: BYND) is a leading plant-based meat company offering a portfolio of revolutionary plant-based meats made from simple ingredients without GMOs, no added hormones or antibiotics, and 0 mg of cholesterol per serving. 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. Beyond Meat’s brand promise, Eat What You Love®, represents a strong belief that there is a better way to feed our future and that the positive choices we all make, no matter how small, can have a great impact on our personal health and the health of our planet. By shifting from animal-based meat to plant-based protein, we can positively impact four growing global issues: human health, climate change, constraints on natural resources and animal welfare. As of December 2022, Beyond Meat branded products were available at approximately 190,000 retail and foodservice outlets in over 80 countries worldwide. Visit www.BeyondMeat.com and follow @BeyondMeat, #BeyondBurger and #GoBeyond on Facebook, Instagram, Twitter and TikTok.
About Good Housekeeping
Celebrating 137 years, Good Housekeeping (GoodHousekeeping.com) is a leading lifestyle media brand inspiring a monthly audience of 53+ million readers to discover genius innovations, delicious ideas, style-savvy trends, compelling news and best-in-class products for their homes, families and themselves. The Good Housekeeping Institute’s state-of-the-art labs combined with Good Housekeeping’s seasoned editorial talent is unparalleled. Staffed by top engineers, scientists and technology experts, the GH Institute tests and evaluates thousands of products each year for the magazine, website and for the Good Housekeeping Seal and the Green Good Housekeeping Seal, which are among the most recognized and trusted consumer icons in the world today. Good Housekeeping, which also has five international editions, is published by Hearst Magazines, a unit of Hearst, a leading global, diversified media, information and services company. Hearst Magazines’ portfolio of more than 25 powerful brands in the U.S. inspires and entertains audiences across all media platforms. Hearst Magazines’ print and digital assets reach nearly 157.4 million readers and site visitors each month — 60% of all millennials and 52% of all Gen Z over the age of 18 (Source: 2021 comScore Multi-Platform © MRI-Simmons (11-21/F21)). The company publishes nearly 260 magazine editions and 200 websites around the world. Follow Good Housekeeping on Facebook, Instagram, Twitter, Pinterest and on the Inside the Institute blog.
https://finance.yahoo.com/news/beyond-steak-earns-prestigious-good-130000258.html
BYND $$$
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