The plant-based food industry is facing a reset as Beyond Meat and Oatly shares suffer

The plant-based food industry is facing a reset as Beyond Meat and Oatly shares suffer

The plant-based food industry is facing a reset as Beyond Meat and Oatly shares suffer - Wall Street is souring on plant-based stocks, but industry experts say that a shakeout is coming after optimism soared too high. - Shares of Beyond Meat and Oatly have shed more than half their value this year. - Competition and pandemic-related challenges have weighed on both companies' financial results. Wall Street appears to be souring on plant-based substitutes. Shares of Beyond Meat and Oatly have shed more than half their value this year. The stocks are both high-profile and relative recent entrants to public markets, prone to big jumps and sharp declines in value, volatility that's only been exacerbated by broader market swings and pressure from short sellers. Beyond Meat trades 87% below its …
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