Shares of Beyond Meat Inc. BYND, -5.82% slid 5.82% to $70.26 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index COMP, -1.55% falling 1.55% to 15,537.69 and Dow Jones Industrial Average DJIA, -1.86% falling 1.86% to 34,483.72. This was the stock’s second consecutive day of losses. Beyond Meat Inc. closed $150.74 below its 52-week high ($221.00), which the company achieved on January 26th.
The stock underperformed when compared to some of its competitors Tuesday, as Mondelez International Inc. Cl A MDLZ, -2.80% fell 2.80% to $58.94 and Unilever PLC ADR UL, -3.62% fell 3.62% to $50.85. Trading volume (4.0 M) eclipsed its 50-day average volume of 3.1 M.