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Beyond Meat (BYND) Stock Plummets 21% Ahead of Massive Reverse Split
['Oliver Dale']
Blockonomi
BYND closed at $0.4101, marking a steep 21.14% decline, as investors digested news of the impending 1-for-30 reverse split scheduled for mid-August.
The reverse split will officially take effect at 11:59 p.m. Eastern Time on Wednesday, August 13, 2026.
When the consolidation takes effect, each group of 30 existing Beyond Meat shares will automatically combine into a single share of common stock.
Nasdaq Listing Requirements Motivate Strategic MoveThe primary motivation behind Beyond Meat’s reverse stock consolidation is to regain compliance with Nasdaq’s minimum bid price threshold for continued exchange listing.
Shareholders granted broad authority for various reverse split scenarios during a special meeting convened on November 19, 2025, preceding the board’s final determination.