Consumers REJECT Beyond Meat fake processed imitation meat products; company massively downsizing

Things are not looking good – at all – for Beyond Meat, which reported a wider-than-expected loss for its third quarter. The company has been struggling for a while amid plummeting demand for fake meat products – it turns out most people want the real thing.

Quarter over quarter, Beyond Meat’s losses have been compounding. And this latest quarter is no exception, though the company’s most recent losses were higher than analysts expected.

CEO Ethan Brown called the results “disappointing,” claiming that the reason people are not buying fake meat is because it costs more than “cheaper proteins.”

The day of third quarter earnings, Beyond Meat’s stock price plummeted by nine percent. In after-hours, Beyond Meat shares traded relatively flat after falling throughout the day..<<<Read More>>>...