Cattle Prod This Unicorn: Beyond Meat’s Stock Will Kill Your Portfolio
By CCN: In yet another example of the ongoing irrational exuberance in the stock market, Beyond Meat soared 15% in after-hours trading to $115 after its first post-IPO earnings report. Or rather, its first post-IPO loss report. Once again, the stock market insists on valuing money-losing businesses in the billions of dollars. Beyond Meat Stock Price […]