Beyond Meat Shares Plunge, Making Short Sellers $170 Million

Beyond Meat Shares Plunge, Making Short Sellers $170 Million

Short sellers made $170 million when Beyond Meat's stock slipped as much as 17 on Tuesday.br The companies shares fell after disappointing second-quarter earnings and the announcement of a second public offering.br According to Business Insider, the gains curbed short-sellers' total post-IPO losses to $803 million.br The dramatic losses point to the tough road short-sellers have faced since the IPO, saw shares rally more than 800 at their peak.


User: Entertainment (now)

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Uploaded: 2019-07-31

Duration: 00:35