‘Beyond Meat Cuts More Jobs As Plant-Based Meat Demand Cools’ – Bloomberg News
Beyond Meat (BYND) Cuts More Jobs as Plant-Based Meat Demand Cools – Bloomberg
Plant-based burger maker adds to layoffs made in August
Consumer demand for fake meat has fizzled in recent months
Pre-open movers
U.S. stock futures traded slightly higher in early pre-market trade after closing lower on Tuesday. The Dow Jones dropped around 173 points, while the Nasdaq Composite declined around 86 points in the previous session. Data released Tuesday showed the ISM services index climbed to 56.9 in August from previous reading of 56.7.