Beyond Meat (BYND) hits record low after a 1Q revenue decline. Jenny Horne discusses this move as BYND's 1Q revenue was down 16% year-over-year. She talks about how BYND filed for $200M offering of common shares. BYND adjusted EPS came in at -$0.92 versus an estimated -$1.01 and revenue came in at $92.20M versus an estimated $92.07M. BYND also maintained its 2023 outlook. Tune in to find out more about the stock market today.
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