Beyond Meat stock plunges as Americans reject Frankenfood burgers

 [Natural News]: While globalist organizations like the World Economic Forum continue to push people to consume fake meat products “for the climate,” Americans are largely rejecting chemical-laden Frankenfoods like the Beyond Burger – and shares of the company behind it are tanking as worries mount about their future.

Beyond Meat dropped by nearly a dollar per share as they reported a net loss during the third quarter of $55 million as demand for their fake meat dwindles and higher costs eat away at profits. The stock cratered 19 percent during premarket trading on Thursday.

According to CNBC, they reported third-quarter losses of 87 cents per share, far exceeding the 39 cents per share expected by Wall Street, while revenue also fell short. They reported a fiscal third-quarter net loss of $54.8 million, which is far greater than the $19.3 million net loss reported a year earlier.

The company blamed higher costs for warehousing and transportation as well as inventory write-offs and operational challenges for its woes, but the truth is that consumers just aren’t getting on board with what was once hailed “the next big thing.”.....<<<Read More>>>....