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Beyond Meat shares dip 4% on bigger-than-expected loss, Q3 warning

·2 min read
Beyond Meat shares dip 4% on bigger-than-expected loss, Q3 warning
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Beyond Meat Inc. stock fell 4% in extended trading Thursday after the plant-based meat maker posted a wider-than-expected fiscal second-quarter loss and issued a third-quarter warning. Analysts surveyed by FactSet had expected a net loss of 23 cents a share on revenue of $141 million.