# Beyond Meat's Death Spiral: From Glory to the Brink of Bankruptcy

Since its listing in 2019, BYND's stock price has dropped by 98%. Does it look cheap now? Don't be fooled.

**Data speaks for itself**: The latest financial report shows a 13% decline in revenue, an 18% drop in gross profit, and net losses widening from 27 million to 111 million dollars. This is not an adjustment; it is a descent.

The CEO shouted for "accelerating sustainable operations"—which translates to the company is running out of cash quickly. Cost-cutting sounds good, but the question is: are you trimming the fat or cutting into the bone? If it's the latter, the growth potential is gone.

**The most heartbreaking thing is**: In the past month, it has risen by 51%. Does it seem like a rebound? In fact, it's just the hype of meme stocks + retail investors trying to catch the "dead cat bounce". Now the stock price has fallen below $1, entering the wilderness of penny stocks—where most companies ultimately face only one fate.

**Bottom line**: A low valuation does not equate to a good opportunity. Sometimes, being cheap is just a reason for being cheap. Instead of betting on BYND's turnaround, it’s better to look at those companies that are truly growing.