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Beyond Meat’s shares plunge 20% despite earnings beat as lockup expires – Financial Post

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Beyond Meat’s shares plunge 20% despite earnings beat as lockup expires – Financial Post

Beyond Meat Inc. announced its first quarterly profit, beat analyst expectations and raised its revenue outlook when it posted its third-quarter earnings Monday — a day later the stock is down more than 20 per cent.
The meat substitutes company doubled the S…

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