Beyond Meat Crashes

2019-06-12 8 Dailymotion

Beyond Meat shares have surged more than 600% since the pricing of the company's initial public offering on May 1.
However, the stock fell more than 25% on Tuesday, thanks in large part to JP Morgan.
On Tuesday, JPMorgan downgraded the stock from to "neutral."
JP Morgan cited its valuation for giving Beyond Meat a "neutral" rating.