Investing.com – The wild ride of Beyond Meat (NASDAQ:BYND), the maker of plant-based meat substitutes, got wilder Wednesday when the shares fell under $100 for the first time since early June.
- The immediate catalyst was a Bloomberg News report that rival Impossible Foods has filed for permission to sell its plant-based burgers in the European Union. Beyond Meat (NASDAQ:BYND) plans to open a manufacturing facility in Europe next year.