Beyond Meat shares hit all-time low over plan to wipe out $800m of debt

beyond meat

The announcement drove the company’s share price down 36% on Monday

Beyond Meat shares plunged to an all-time low on Monday after the fake meat maker issued plans to erase over $800m of debt, as well as most of the stock’s value.

Already have an account? Sign in here

Want access to this article?

Register for LIMITED access

REGISTER FOR FREE

Get PREMIUM access for £1 a week

SUBSCRIBE NOW