Beyond Meat Drops Below $1 Before Holiday Weekend
Beyond Meat shares slid below $1 ahead of the Memorial Day weekend, closing Friday on the back foot and giving investors a weak tape to return to when U.S. markets reopen Tuesday. Beyond Meat shares closed at $0.7659 on Friday, off 2.87%, according to MarketWatch. That snapped a two-day run even as the Nasdaq Composite added 0.19% and the Dow finished up 0.58%. Turnover came in at 29.7 million shares, far below the 50-day average of 61.7 million.