If You'd Invested $500 in Beyond Meat Stock 1 Year Ago, Here's How Much You'd Have Today

You should look at your stock investments periodically to see how they are performing. Then, you can take a deeper look at the company to make a decision about whether to stay invested.

Beyond Meat's (NASDAQ: BYND) stock has had a wild ride this year. If you'd invested a modest $500 a year ago, how much would you have today?

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Beyond Meat became a meme stock in October following social media posts. The stock closed at $0.52 on Oct. 16, surging to close at $3.62 on Oct. 21. The share price fell back, closing at $1 on Nov. 18.

Looking back over the entire year, Beyond Meat's shares lost 80% through Nov. 18. That means your $500 investment from a year ago would be worth just $100 today.

If you'd chosen to invest in a broad equity index, such as the S&P 500, that same amount would've turned into about $569.

Fundamental weakness

While Beyond Meat's recent price action has made the news, these types of movements are extremely difficult to predict. Long-term investors trying to decide what to do should look at the fundamentals.

Taking a look at Beyond Meat's results should make investors wary. The company's revenue remains under pressure, with the third-quarter top line dropping 13.3% to $70.2 million. Notably, product volume dropped, indicating slackening demand.

Unless investors see evidence of increased consumer demand that drives revenue growth, I'd stay away from Beyond Meat's stock.

Lawrence Rothman, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Beyond Meat. The Motley Fool has a disclosure policy.