Shares of Beyond Meat Inc. BYND, -0.79% shed 0.79% to $23.72 Friday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index COMP, +1.43% rising 1.43% to 10,798.35 and the Dow Jones Industrial Average DJIA, -0.13% falling 0.13% to 29,888.78. This was the stock’s second consecutive day of losses. Beyond Meat Inc. closed $136.56 short of its 52-week high ($160.28), which the company reached on June 30th.
The stock underperformed when compared to some of its competitors Friday, as Mondelez International Inc. Cl A MDLZ, +0.32% rose 0.32% to $58.80 and Unilever PLC ADR UL, +0.07% rose 0.07% to $43.72. Trading volume (3.5 M) remained 84,171 below its 50-day average volume of 3.6 M.