🔴 Beyond Meat is trading 5.66% down today after $15 million convertible-note exchange adds shares

Beyond Meat is trading 5.66% lower at $9.46 after announcing a $15 million exchange of convertible notes for common stock on September 23, 2026.

• The transaction initially adds 1,097,444 shares, with potentially 848,265 additional shares around September 28 if the price floor applies, diluting existing shareholders.
• Broader market weakness from elevated Treasury yields is adding pressure to risk assets.