Beyond Meat Crashes

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Published on 12 Jun 2019, 12:10
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.
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