Shares of Beyond Meat Inc. BYND, -3.13% slipped 3.13% to $34.71 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index COMP, -1.25% falling 1.25% to 12,938.12 and Dow Jones Industrial Average DJIA, -0.50% falling 0.50% to 33,980.32. Beyond Meat Inc. closed $89.74 below its 52-week high ($124.45), which the company reached on August 24th.
The stock underperformed when compared to some of its competitors Wednesday, as Mondelez International Inc. Cl A MDLZ, -0.68% fell 0.68% to $65.51 and Unilever PLC ADR UL, remained unchanged. Trading volume (1.9 M) remained 1.2 million below its 50-day average volume of 3.2 M.