BYND Is Barfing Ahead Of Earnings

Writer at ZeroHedge • Jul 29, 2019 at 11:00 AM EDT

BYND is down over 14% this morning - the biggest intraday drop since the IPO - as investors take some money off the table ahead of tonight's earnings.

BYND is down over 14% this morning - the biggest intraday drop since the IPO - as investors take some money off the table ahead of tonight's earnings...

Short interest, according to Bloomberg, remains high.

Wall Street expects the company to lose 9 cents a share from $52.5 million in sales.

Price to Sales Ratios...

Beyond Meat: 118
Facebook: 9.9
Twitter: 9.2
Microsoft: 8.5
Google: 5.7
Amazon: 4.1
Apple: 3.9
Tesla: 2.0

What could go wrong?

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