Beyond Meat, the maker of plant-based meat alternatives, has been a darling of the food startup world. In 2019, it had one of the most successful initial public offerings by a major company in more than two decades. But now sales are down, its stock is slumping and its workforce is shrinking, WSJ's Jesse Newman unpacks Beyond's problems.
Further Reading:
-Beyond Meat’s Very Real Problems: Slumping Sausages, Mounting Losses
-Beyond Meat Reports Weak Sales and Mounting Losses
Further Listening:
-Oatly Pioneered Oat Milk. Now It’s Struggling to Keep Up.