Beyond Meat is trading at $0.45, down 13.44% after announcing a 1-for-30 reverse stock split intended to regain compliance with Nasdaq’s minimum bid-price requirement.
- The board’s action follows a listing deficiency tied to shares trading below $1.00.
- The split takes effect at 11:59 p.m. Eastern on August 13, 2026, with split-adjusted trading expected to begin August 14.
- The announcement triggered an approximately 14% premarket decline, while broader markets remained largely mixed.