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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Lazarus who wrote (152643)1/22/2020 4:45:10 PM
From: TobagoJack  Respond to of 217764
 
In the meantime am trigger-at-ready on the BYND creature

I put BYND in the same list as WeWork, Smile Direct (SDC), and perhaps (undecided) TSLA

zerohedge.com

Beyond Meat Barfs After Burger King Cuts Impossible Whopper Price On Slowing Sales

Beyond Meat hit a session low of $119, last down about 7% in the last hour of the session, after CNBC reported Burger King slashed the price of the Impossible Whopper following declining sales.



Shares of Beyond Meat have surged more than 80% since the start of the year, news of declining fake meat sales at Burger King has led to some of those gains being lost.



Beyond Meat Stock Sizzling With McDonald’s, Dunkin’ Deals

CNBC noted that Carrols Restaurant Group Inc., the largest Burger King franchisee in the U.S., said sales of the Impossible Whopper edged down from 32 to 28 per store. The franchisee has 1,000 stores across the U.S. and was selling vegan patties for a two-for-$6 discount – compared with the $5.59 suggested price per sandwich.

Dominic Flis, a Burger King owner in Little Rock, Arkansas, said the hype for the Impossible Whoppers is over. Flis said when the vegan patties first came out, he was selling 30 per day – now it’s more like 20 per day. He said he’s taking a loss on the fake meat.