Circling The Drain

Another green fad is close to biting the dust.

Beyond Meat Inc. tumbled the most since the company went public in 2019 after the troubled plant-based protein producer said nearly all creditors had accepted a debt swap that will lead to a substantial dilution of shareholders.

The stock sank as much as 58% to 84.5 cents on Monday, its worst-ever intraday decline. The shares had already fallen 47% this year through Friday.

 

7 Replies to “Circling The Drain”

  1. Circle faster, baby!
    I am waxing hopeful as I see so many facets of the “agenda” falling apart.
    They needed more speed and more effective psy ops.
    Their turbines and solar arrays are mothballed before even failing to perform.
    Their useful idiots disappear (just stop oil, extinction rebellion, now antifa).
    Their other useful idiots are being shut down (hamas, iran, EU).
    OK, maybe I’m being too optimistic?

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