Professor Glenn A. Okun
The Rabid Capitalist: The Big Point is a brief summary of a detailed note available to paid subscribers.
Beyond Meat (ticker symbol: BYND) has entered into negotiations with its bondholders. The company’s goal of avoiding default and bankruptcy through a consensual out-of-court workout has some chance of success. Unfortunately, success has a high likelihood of becoming a temporary victory given the broader trends in the alternative proteins industry.

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