Beyond Meat Stock Is Getting Burned After Hours: What’s Going On?

Beyond Meat Inc (NASDAQ:BYND) shares are trading lower in Monday’s after-hours session on the heels of worse-than-expected quarterly results from the plant-based meats company. 

What Happened: Beyond Meat said second-quarter revenue fell 30.5% year-over-year to $102.1 million, which missed the consensus estimate of $111.28 million, according to Benzinga Pro. The company reported a quarterly loss of 83 cents per share, which missed analyst estimates for a loss of 81 cents per share.