Beyond Meat stock sinks to all-time low after it launches convertible debt exchange offer
By Caroline Valetkevitch NEW YORK (Reuters) -Shares of Beyond Meat (BYND) slumped to a record low on Monday after the maker of plant-based meat launched an exchange offer for convertible bonds to cut more than $800 million in debt. The stock was last down 32.1% at $1.93, after falling as low as $1.23. The company…