Image by Sean Hayes from Pixabay

The 5 stocks in the munKNEE Plant-based Food Stocks Index continue to trend downward. Below are the details for this past week, in descending order, since the end of September (i.e. 3 weeks) and since the end of August (i.e. 7 weeks).

1. Guru Organic Energy (CSE: GURU; GUROF): No Change this past week; No Change in the last 3 weeks; DOWN 14.9% in the past 7 weeks 
   • a Montreal, Canada beverage company launched in 1999, when it pioneered the world’s first natural, plant-based energy drink.
2. Tattooed Chef (TTCF): DOWN 4.0% this past week; DOWN 13.7% in the last 3 weeks; DOWN 30.2% in the past 7 weeks
   • 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.
3. Beyond Meat (BYND): DOWN 5.4% this past week; DOWN 10.9% in the last 3 weeks; DOWN 46.1% in the past 7 weeks
   • 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.
4. Oatly Group (OTLY): DOWN 8.9% this past week; DOWN 22.1% in the last 3 weeks; DOWN 32.3% in the past 7 weeks
   • the world’s largest oat drink company catering primarily to customers in Sweden, Germany, United Kingdom, Netherlands, Finland, and North America.
5. Else Nutrition (BABYF): DOWN 11.9% this past week; No Change in the past 3 weeks; DOWN 17.5% in the past 7 weeks
   • 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.

In total, the munKNEE Plant-Based Food Stocks Index went DOWN 4.7% this past week, has gone DOWN 10.6% in the last 3 weeks and DOWN 38.0% since the end of August.

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