US Stock Market News | Beyond Meat drops more than 11%, stock price nears historic low

Zhitong
2024.07.18 14:58
portai
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On Thursday, Beyond Meat's stock price fell, dropping over 11% to $6.37 as of the time of publication. The stock price is close to its historical low of $5.58. Sources say that Beyond Meat is in discussions with a group of bondholders to restructure its balance sheet. The discussions involve how to handle the company's $1.1 billion in convertible bonds