Beyond Meat (BYND) is today’s Under 30-stock. In this segment Jenny Horne and Alex Coffey discuss the plant-based meat company. Jenny discusses the reasons behind the recent sell-off of (BYND). George Tsillis joins the conversation and looks at Beyond Meat’s (BYND) downward momentum which is coming mainly from competition and cost. George weighs in on plant-based meat alternatives being more expensive to produce and therefore, comes with a more expensive price point. Alex and George discuss the need to find a more affordable method for producing meat alternatives. Shares of Beyond Meat (BYND) were trading ~ $31.50/share on Thursday.
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