How Beyond Meat sank from a $14 billion plant-based protein powerhouse to a penny stock

How Beyond Meat sank from a $14 billion plant-based protein powerhouse to a penny stock(9 min)(9 min)Beyond Meat appeased Nasdaq regulators this past week by finally filing its 2025 annual report, but there’s still another matter the onetime alternative-protein darling has to deal with to keep its stock from being delisted.Maintaining its stock listing is crucial for the company, as it provides a way to raise needed capital. But the listing threat pales in comparison to the company’s problem of falling sales and mounting losses.About the AuthorBill Peters is a Los Angeles-based MarketWatch reporter who covers earnings.Tomi Kilgore is MarketWatch's Managing Editor, Companies, and is based in New York. You can follow him on Twitter @TomiKilgore.A Dow Jones CompanyCopyright © 2026 MarketWatch, Inc. All rights reserved.