Plant-based food stocks Beyond Meat, Oatly face a reset

In this photo illustration Oatly oat milk is shown on May 20, 2021 in Chicago, Illinois. Scott Olson | Getty Images Wall Street appears to be souring on plant-based substitutes. Shares of Beyond Meat and Oatly have shed more than half their value this year. The stocks are both high-profile and relative recent entrants to … Read more

Ford, General Motors, Tapestry and more

Take a look at some of the biggest movers in the premarket: Ford (F), General Motors (GM) – Ford fell 2.8% in premarket trading while GM slid 3.4% after Wells Fargo double-downgraded both stocks to “underweight” from “overweight.” Wells Fargo said 2022 could represent a peak profit for legacy automakers, with the shift toward electric … Read more

5 things to know before the stock market opens Thursday, May 12

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures drop after Wall Street extends its multiday losing streak Traders on the floor of the NYSE, May 11, 2022. Source: NYSE US stock futures dropped Thursday as the broad sell-off and revaluation of risk assets … Read more

Beyond Meat expands meatless chicken distribution to 8,000 new outlets

Beyond Meat’s meatless chicken tenders Source: Beyond Meat Beyond Meat is expanding distribution of its meatless chicken tenders to 8,000 new grocery, pharmacy and big-box retail locations. Customers will now be able to buy Beyond Chicken Tenders at select Albertsons, Sprouts, Whole Foods Market and CVS locations nationwide. All Kroger locations will also carry the … Read more

Wall Street looks steady after two-week winning streak

BY THE NUMBERS US stock futures were relatively flat Monday. Wall Street was looking to close out a monthly gain for March on Thursday after logging a two-week winning streak. On the first day of April, this coming Friday, the government is scheduled to release its last monthly employment report ahead of the Federal Reserve’s … Read more

Tesla, Beyond Meat, Coinbase and more

Take a look at some of the biggest movers in the premarket: Tesla (TSLA) – Tesla will ask shareholders to authorize the obligation of additional shares at the upcoming annual meeting so it can pay a stock dividend, according to a company tweet. The additional shares would enable the company to split its stock. Tesla … Read more