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Beyond Profits

Crews Bank & Trust Wealth Management Services Oct 11, 2022
Value of Beyond Meat, Inc. is represented by a brown line and S&P 500 represented by blue line

Contents

Today’s Chart of the Day shows the price of $100 invested in Beyond Meat, Inc. when the company went public in early 2019.

Shortly after it started trading, the stock grew to $940 due to the hype of being “first” and having a huge market share. It did better than the S&P 500 (in blue) until March of this year. Now, it is only worth $70 vs. the S&P value of $164.

When thinking about investing, in the long run, no matter how much you may like an idea and product, eventually companies have to generate a profit to justify their value. In this case, Beyond Meat, Inc. is losing money and one of the reasons is because only 5% of the population is vegetarian, and many of those are not in the market for a product that looks and tastes like something they have sworn against.
Chart of the Day

About the Author

Crews Bank & Trust Wealth Management Services
Crews Bank & Trust Wealth Management Services

Experienced professionals from our wealth management services team can help you achieve a bright financial future through investment strategies tailored to you. We’ll show you all of the options available and help you choose the ones best suited to you. We’ll provide high-quality, personal service as we work toward your goals together. Our Portfolio Managers do not receive commissions on trades; our recommendations of investments are based solely on your best interests.

Investments are not a deposit or other obligation of, or guaranteed by, the bank, are not FDIC insured, not insured by any federal government agency, and are subject to investment risks, including possible loss of principal.

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