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HomeStocksBeyond Meat, Inc. one of the hottest stocks in 2019 has crushed

Beyond Meat, Inc. one of the hottest stocks in 2019 has crushed

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Beyond Meat, Inc. (BYND) closed at 76.22+2.56 (+3.48%) on Friday, December 6, 2019.Looking for stocks quotes, stocks to buy, stocks today, stocks news, stock market is interesting because momentum stocks often get crushed as soon reality about the fundamentals returns back and irrational exuberance is history.Looking at the financials of Beyond Meat, Inc there are two major drawabacks. The company is not profitable, with losses over the past three years, negative cash flows provided by operating activities, and negative free cash flows.

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Looking for stocks to buy, Beyond Meat, Inc. (BYND) was a very speculative bet as it reached a high of about 240, and now is at 76. Stocks news move prices. Stocks prices can move down when their valuation is just beyong the level of reality and logic.

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