About meMy name is Jemarc and I am a Finance and Accounting student at The Wharton School of The University of Pennsylvania. This page will serve as my portfolio of ideas as I make strategic, well informed plays in the different markets I invest in. Enjoy!
On Monday July 29, Beyond Meats announced earnings just before market close: $-0.072 (est), $-0.24 (act). Despite have beaten analyst estimates, Beyond Meat's stock price tanked by around 18% from 3:00pm to post market hours. I realized that the only reason for this was because the market was reacting to the news of BYND second stock offering at a price of $160...