Drew Angerer/Getty Images News Beyond Meat (NASDAQ:BYND) is continuing headcount reductions as the fourth quarter kicks off, according to Bloomberg. Citing people familiar with the matter, the company asked its employees to work remotely on Thursday and then cut off the access of terminated employees to company materials. Terminated employees were then contacted individually and … Read more
Sundry Photography/iStock Editorial via Getty Images Beyond Meat (NASDAQ:BYND) disclosed late Friday that the plant-based meat company’s chief supply officer is leaving to pursue another opportunity after less than a year on the job. Beyond Meat fell 1% in after hours trading. On Tuesday Bernie Adcock notified Beyond Meat that he planned to step down … Read more
Drew Angerer/Getty Images News Despite cutting guidance and a significant chunk of its workforce, Beyond Meat (NASDAQ:BYND) shares surged on Friday. According to data and predictive analytics firm S3 Partners, the stock has seen increased short-covering as of late with an 18% decrease in the total shares shorted in just the past month. Nonetheless, an … Read more