meta_pixel
Tapesearch Logo
Log in
CNBC's "Fast Money"

Fast Money 07/29/19

CNBC's "Fast Money"

CNBC

Business, Investing, News

3.91.3K Ratings

🗓️ 29 July 2019

⏱️ 44 minutes

🧾️ Download transcript

Summary

Listen To Our Traders Take You Behind the Money...How To Play the Volatility...Pops and Drops: The Movers You Missed.

Transcript

Click on a timestamp to play from that location

0:00.0

Fast money starts right now live from the NASDAQ market site overlooking New York

0:04.6

City's Times Square.

0:05.6

I'm Melissa Lear.

0:06.6

Traders on the desk for Tim Seymour, Karen Fireman, Brian Kelly and Guyadami,

0:10.3

a beyond beat down, shares a beyond meunging in the after hours after reporting results, a company's conference call is now underway.

0:17.0

We'll bring you the big highlights. Also ahead, two names to buy, two names to sell, as we kick off the busiest earnings week of the season and later

0:24.4

some food for thought the one part of the market Goldman Sachs is bullish on

0:28.2

because Amazon can't eat its lunch but we begin with the hot mover right now beyond meat down big

0:34.4

after reporting results let's get to addi Roy with more on beyond's quarter addidi.

0:38.7

Hi Melissa beyond me shares taking a dive as you mentioned after the company announced a secondary share offering.

0:45.6

shares slip more than 11% after the company made that announcement,

0:50.0

a secondary offering of 3. a quarter million shares which significantly increases its float

0:56.0

that could boost short seller interest in the stock which prior to earnings was a 16% of the float.

1:03.0

Keep in mind that number itself was a bit inflated because the company is still in its lockup period.

1:08.0

The company also just mentioned on the call,

1:10.0

it can't comment on that secondary offering due to regulatory requirements.

1:14.8

Beyond's worst date to date was on June 11th when it lost more than 25%.

1:20.9

Keep in mind the stock is still up a little less than 700% since its IPO. Many analysts were also focused on the company's top line growth beyond attributes its handy top line beat to a number of factors including new partners

1:35.3

as well as increased demand from existing partners.

1:40.4

We are using our first move advantage to drive continued expansion in both retail and food service channels.

1:46.0

Today we have achieved broad distribution across more than 53,000 points of sale worldwide.

1:52.0

This is up from about 30,000 points of sale at the time

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.