Image by Sean Hayes from Pixabay

In spite of being bold enough to wonder out loud in a previous article if perhaps, just perhaps, the constituents in the munKNEE Plant-based Food Stocks Index had finally reached bottom but, given the Index's performance this week, that is not the case.

Below is a summary of the Index constituents' performances this week, in descending order, in the past 3 weeks (since the end of November), and YTD:

1. Oatly Group (OTLY): UP 4.4% this week; DOWN 12.3% in the last 3 weeks; DOWN 82.2% YTD
   • the world’s largest oat drink company catering primarily to customers in Sweden, Germany, the United Kingdom, Netherlands, Finland, and North America
2. Else Nutrition (BABYF): DOWN 2.4% this week; UP 2.6% in the last 3 weeks; DOWN 55.1% YTD
   • an Israel-based food and nutrition company focused on developing innovative, clean, and plant-based food and nutrition products for infants, toddlers, children, and adults.
3. Guru Organic Energy (GUROF): DOWN 2.5% this week; DOWN 2.5% in the last 3 weeks; DOWN 84.1% YTD
   • a Montreal, Canada beverage company launched in 1999, when it pioneered the world’s first natural, plant-based energy drink
4. Beyond Meat (BYND): DOWN 9.5% this week; DOWN 10.6% in the last 3 weeks; DOWN 80.4% YTD
   • seeks to replicate the look, cook, and taste of meat. Its products are sold in the meat case of retail food stores across the U.S. and Canada and 83 other countries
5. Tattooed Chef (TTCF): DOWN 14.8% this week; DOWN 23.8% in the last 3 weeks; DOWN 91.5% YTD
   • offers a broad portfolio of plant-based food products that are available in the frozen food sections of national retail food stores across the United States

In total, the munKNEE Plant-Based Food Stocks Index went DOWN another 8.0% this week, has gone DOWN 10.6% in the last 3 weeks, and is now DOWN 82.7% YTD.

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