financetom
Business
financetom
/
Business
/
What's Going On With Beyond Meat Shares Tuesday?
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
What's Going On With Beyond Meat Shares Tuesday?
Jun 11, 2024 12:56 PM

Beyond Meat Inc. ( BYND ) shares are trading lower Tuesday afternoon after a New York Post article mentioned vegan meats while discussing a study linking processed foods to increased risk of heart disease.

What To Know: The study, conducted by researchers from the University of São Paulo and Imperial College London, analyzed the diets of over 118,000 Brits aged 40 to 69. The findings suggested that while plant-based diets consisting of whole foods like fruits, vegetables, whole grains and legumes promote heart health, ultra-processed vegan foods (UPFs) can increase heart disease-related deaths.

Ultra-processed foods, which include packaged goods, drinks, cereals and ready-to-eat products containing additives, were found to be high in sugar, saturated fat and lacking in essential vitamins and fiber.

The study noted a 12% increase in heart disease-related deaths for every 10% rise in the consumption of UPFs. Conversely, a similar increase in whole plant-based foods reduced the risk of heart-related death by 20%.

"While ultra-processed foods are often marketed as healthy foods, this large study suggests that plant-based ultra-processed foods do not seem to have protective health effects and are linked to poor health outcomes," said study co-author Dr. Eszter Vamos, according to the article.

What Else: Several other brands, including mega food producers known for their ultra-processed offerings, such as PepsiCo ( PEP ) , Kraft Heinz Company ( KHC ) , Nestlé (OTC:NSRGY) and Kellogg Company are among the key players in the industry. The broader context of these industry giants underscores the potential impact of the study findings on the entire category of ultra-processed foods.

BYND Price Action: Beyond Meat ( BYND ) shares were down by 0.60%, at $7.13 at the time of writing, according to Benzinga Pro.

See Also: Why Trio Petroleum Stock Is Moving Higher Tuesday

Image: Shutterstock.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Nov 28, 2023
The firm and dispatchable renewable energy (FDRE) project, designed with a hybrid of solar, wind, and battery storage, is aimed at providing a stable and dispatchable energy supply during peak hours. Shares of Tata Power Company Ltd ended at ₹270.75, up by ₹12.60, or 4.88%, on the BSE.
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Nov 15, 2023
Th Suzlon wind turbines received the RLMM (Revised List of Models & Manufacturers) listing from the Ministry of New and Renewable Energy, marking an important milestone for the successful commercialisation of the product. Shares of Suzlon Energy Ltd ended at ₹40.49, up by ₹1.85, or 4.79%, on the BSE.
This sustainable jewellery brand is luring some women away from gold
This sustainable jewellery brand is luring some women away from gold
Oct 30, 2023
Aulerth's offerings range from ₹5,000 to as high as ₹2.8 lakh. Are women willing to spend this much on jewellery made from scrap? Founder and CEO Vivek Ramabhadran definitely believes so. Aulerth produces couture-inspired pieces in association with designers like JJ Valaya, Suneet Varma, among others. It has reported 33% repeat customers in the past year and expects a spike to 40% soon.
SJVN secures 200-MW wind power project at ₹3.24 per unit
SJVN secures 200-MW wind power project at ₹3.24 per unit
Nov 16, 2023
Projected to generate 482 million units in its inaugural year post-commissioning, the cumulative energy generation over a 25-year span is anticipated to reach 12,050 million units. Shares of SJVN Ltd ended at ₹75.17, down by ₹0.50, or 0.66%, on the BSE.
Copyright 2023-2026 - www.financetom.com All Rights Reserved