Shares of Beyond Meat Inc. /zigman2/quotes/211617595/composite BYND -11.80% slid 0.55% to $119.64 Tuesday, 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 -0.82% falling 0.04% to 15,259.24 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.21% falling 0.11% to 35,360.73. This was the stock's second consecutive day of losses. Beyond Meat Inc. closed $101.36 below its 52-week high ($221.00), which the company reached on January 26th.
The stock underperformed when compared to some of its competitors Tuesday, as Mondelez International Inc. Cl A /zigman2/quotes/201769764/composite MDLZ +0.60% fell 0.14% to $62.07 and Unilever PLC ADR /zigman2/quotes/204685760/composite UL +0.62% fell 0.22% to $55.68. Trading volume (1.8 M) remained 294,156 below its 50-day average volume of 2.1 M.