INFINITY AND BELOW!
Diupdate
Beyond Meat Inc. stock fell 5.2% in Friday trading after the plant-based meat company was initiated at sell at CFRA with a $120 12-month target. Analyst Arun Sundaram expects Beyond Meat to face increased competition from large food companies. Tyson Foods Inc. and Kellogg Co. are among the businesses that have entered the space with their own plant-based alternatives.
Beyond Meat shares are falling because of what happened to a competitor. Reuters reported Dave & Buster’s was bumping Beyond peer Impossible Foods, testing instead the new Lightlife brand made by competitor Maple Leaf Foods.
WHY I THINK THE MARKET IS GOING DOWN ?
1) The market is overvalued.
2) Too many competitors like impossible meat.
3) Plant based burgers not hard to make.
Beyond Meat shares are falling because of what happened to a competitor. Reuters reported Dave & Buster’s was bumping Beyond peer Impossible Foods, testing instead the new Lightlife brand made by competitor Maple Leaf Foods.
WHY I THINK THE MARKET IS GOING DOWN ?
1) The market is overvalued.
2) Too many competitors like impossible meat.
3) Plant based burgers not hard to make.
Trade aktif
If it does hit rock bottom, you can take an advantage and buy shortCatatan
buy you can. I brought from 80.9
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.