Beyond Meat Falls 11% on 1-for-30 Reverse Split Reaction, Oatly Slips
Beyond Meat (BYND) shares fell about 11% to $11.99 midday Monday after a 1-for-30 reverse split took effect Aug. 13 and began trading split-adjusted Aug. 14. The company said the split aims to regain Nasdaq’s $1 minimum bid compliance by Aug. 31. Oatly (OTLY) slipped about 1%, while Vital Farms (VITL) rose about 0.6%.

