Shares of Beyond Meat Inc. (NAS:BYND) shed 1.23% to $105.64 Friday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index (NASDAQ:COMP) rising 0.50% to 14,897.34 and the Dow Jones Industrial Average (DOW:DJIA) rising 1.09% to 35,294.76. The stock's fall snapped a four-day winning streak. Beyond Meat Inc. closed $115.36 short of its 52-week high ($221.00), which the company achieved on January 26th.
The stock underperformed when compared to some of its competitors Friday, as Mondelez International Inc. Cl A (NAS:MDLZ) fell 0.79% to $60.15 and Unilever PLC ADR (NYS:UL) fell 0.34% to $52.96. Trading volume (1.3 M) remained 864,575 below its 50-day average volume of 2.2 M.