The Latest Breaking News from Beyond Meat

Someone with a lot of money to spend has taken a bullish stance on Beyond Meat (NASDAQ:BYND). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Beyond Meat introduces plant-based steak, amid softening demand in the sector.

Beyond Meat said it has indefinitely suspended Chief Operating Officer Doug Ramsey after he was charged with felony battery following a fight in which he was accused of biting a man's nose.

Douglas Ramsey allegedly punched a motorist and bit his nose so hard that it tore flesh, police report says

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Police arrived at the parking garage to a bloody scene, local news reported

The popularity of plant-based proteins, or “fake meat”, has increased in recent years as consumers look to eat fewer animal products. In fact, plant-based protein is projected to be a A$3 billion opportunity for Australia by 2030.

U.S. stock futures traded higher this morning on Thursday ahead of the PPI data for July. Investors, meanwhile, focused on some notable insider trades.

As demand for vegan alternatives for meat-based products grows, Beyond Meat’s (BYND) innovative business model has enabled them to grab the market. However, the company’s lack of profitability and lofty valuation has raised significant investor concerns over its prospects. In addition, poor analysts’ ratings further make the stock’s near-term prospects…