Nasdaq: Beyond Meat Stock Could Soon Double in Value
2022 was a difficult year for Beyond Meat, as the company battled the forces of historic inflation and a marked slowdown in sales of plant-based meat. But there are growing signs the company may be in the midst of a turnaround – last week, Beyond revealed a series of strategic moves meant to reverse its declining sales – including hiring a former Red Bull executive as its new head of global marketing, pivoting its retail strategy, and creating a new plant-based nugget for McDonald’s. In light of these and other developments, some Nasdaq analysts are suggesting Beyond’s stock could potentially double in value in early 2023. Growing stronger Since the start of the year, Beyond’s stock price has steadily climbed in value – on Wednesday, …
