In this clip from The Call @ Hedgeye, Consumables analyst Howard Penney reiterates his bear thesis on Beyond Meat (BYND) and why he believes the stock is eventually headed for $0.
“On Friday, they lost their chief supply chain officer. They also lost their COO because he attacked some guy in a parking lot and bit his nose. So, two of the most important executives—other than the founder and CEO—have left the company for different reasons,” Penney explains.
CLICK HERE to read an excerpt from an additional complimentary research note on BYND written by our Consumables analysts Howard Penney and Daniel Biolsi.