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Business

Beyond Meat’s stock slides 20% on weak sales, heads lower than IPO price for first time

Beyond Meat Inc.’s not-so-good 2022 took an ugly turn for the worse Wednesday with quarterly results that lacked sizzle. The maker of plant-based meat products BYND, -13.83% reported a net loss of $100.5 million, or $1.58 a share, compared with a net loss of $27.3 million, or 43 cents a share, in the same quarter […]

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Business

As Ark’s flagship fund plunges 76% from its peak, Cathie Wood still views her stocks as residing in ‘deep value territory’

The wheels have really come off the wagon of the stock market and Cathie Wood’s ARK Invest has, arguably, seen the most dramatic fall from its parabolic rise, amid the current downdraft in markets. However, the S&P 500 SPX, -1.65% hanging on the precipice of a bear market — a decline of at least 20% […]

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Markets

Stock Futures Fall Ahead of Producer-Price Data

May 12, 2022 3:40 a.m. ET US stock futures slipped ahead of producer-price figures, a day after consumer-inflation data showed signs of moderating but still came in ahead of economists’ expectations. Futures on the S&P 500 were down 0.5% and futures on the Dow Jones Industrial Average slipped 0.4%. The contracts don’t necessarily predict market […]

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Personal Finance

Will inflation push more people to go back to work? ‘They’ll be entering a job market that’s eager to have them,’ one economist says and you can now use bitcoin to pay college tuition — but should you?

Hi, MarketWatchers. Don’t miss these top stories. Everything you need to know to get your yard ready for summer This week we caught up with Jeff Keiter, our resident landscape architecture guru, who previously chatted with us about winter trends for your yard. Today we are talking about spring gardening, the best tools and the […]

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Personal Finance

American household debt continues to march higher, driven by one major factor and should you tell your coworkers your salary — or keep it a secret?

Hi, MarketWatchers. Don’t miss these top stories. The 10 most popular cities that Americans moved to last year — and four are in this one state Here’s a hint: No New York or California cities made the Penske list of ’10 Moving Destinations for 2021,’ but plenty of Southern cities did. Read More ‘Open discussion […]