Beyond Meat Shares Surge as Company Implements Price Hikes and Cost Cuts, Squeezing Short Sellers
Beyond Meat Shares Skyrocket on Price Hike and Cost Cut Strategy (Reuters) – Plant-based meat producer, Beyond Meat, has seen a remarkable 55% surge in premarket trading on Wednesday. This boost follows the company’s daring move to implement price increases and significant cost reductions, which aim to revive its profitability and put pressure on short … Read more