Shares of Beyond Meat Inc. /zigman2/quotes/211617595/composite BYND -1.23% slid 1.59% to $120.37 Thursday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index /zigman2/quotes/210598365/realtime COMP +0.50% falling 0.64% to 14,945.81 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +1.09% falling 0.54% to 35,213.12. This was the stock's second consecutive day of losses. Beyond Meat Inc. closed $100.63 short of its 52-week high ($221.00), which the company reached on January 26th.
The stock underperformed when compared to some of its competitors Thursday, as Mondelez International Inc. Cl A /zigman2/quotes/201769764/composite MDLZ -0.79% fell 0.70% to $61.44 and Unilever PLC ADR /zigman2/quotes/204685760/composite UL -0.34% rose 0.31% to $55.74. Trading volume (1.2 M) remained 891,480 below its 50-day average volume of 2.1 M.