Beyond Meat Shares Plummet 56% After Debt Swap Fuels Investor Concerns

Beyond Meat (BYND) experienced a sharp stock decline on October 13, 2025, dropping over 56% in early trading after the company announced an early settlement of its convertible debt exchange offer. This move resulted in massive shareholder dilution and triggered a market reaction that saw the company’s value plummet to below $155 million from its peak valuation of $13.4 billion in July 2019. The dramatic sell-off is attributed to the issuance of approximately 316 million new shares to bondholders, more than quadrupling the company’s outstanding share count.