Beyond Meat Shares Tumble on Report of Restructuring Talks (1)

(Updates with premarket move.)

Beyond Meat shares drop as much as 15% in premarket trading on Thursday after a Wall Street Journal report that the firm has engaged with a group of bondholders to start talks about a balance-sheet restructuring.

• The WSJ report cited people familiar with the matter and said Beyond Meat didn’t respond to requests for comment
• As of the last close, the stock has fallen 19% this year

--With assistance from Subrat Patnaik.

To contact the reporter on this story:
Bre Bradham in New York at bbradham@bloomberg.net

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