The global coronavirus outbreak showed few signs of abating on Tuesday, as the U.S. added to its status as the world’s epicenter of new infections, while New York suffered its worst day yet of new fatalities....
Beyond Meat (BYND) worn a few hats since becoming publicly traded in May last year. From May to July BYND stock wore the hat of “red-hot stock." Then, from July to January, the stock wore the hat of relatively disliked stock. From January to March, the stock took off the bearish hat and put on a bullish one. In March, unsurprisingly, BYND put on the "surrendering" hat.And now? BYND is wearing the “stuck in neutral” hat, at least if you ask Oppenheimer’s Rupesh Parikh who reiterates a Perform (i.e. Hold) rating on the stock. (To watch Parikh's track record, click here)As is customary on Wall Street these days, Parikh recently adjusted his model for the veggie patty maker. The analyst expects sales for FY20 to come in at $376.4 million vs. the previous call for $507.6 million, and Adj. EBITDA of $33 million compared to the previous estimate of $43.2 million.Although...
Einride for the first time publicly demonstrates how remote operators can monitor and control multiple autonomous, electric Pods from a single remote drive station. ...
