Boom to Bust: Beyond Meat Struggles to Stay Relevant

Once a Wall Street darling worth roughly $14 billion, Beyond Meat is now a meme stock.

While the company's decline started after the pandemic when rising inflation made its expensive products unattractive, a consumer shift toward healthier foods amid the "Make America Healthy Again" movement and the rise of weight-loss drugs expedited its demise.

"There have been lots of questions raised about how plant-based meat is produced in an age when many people are choosing to seek out simple alternatives like beans and pulses," said Danni Hewson, a financial analyst at AJ Bell...

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