Beyond Meat, Inc. (NASDAQ: BYND) saw its stock plummet 5.22% in after-hours trading on Monday, following the release of its highly anticipated third-quarter earnings report. The significant drop comes after a day of heightened investor anxiety, with the stock already down 7.19% during regular trading hours.

The plant-based meat company had previously delayed its earnings report, originally scheduled for last week, adding to the market's unease. Analysts had projected Q3 revenue of $68.96 million, down from $81.01 million in the same quarter last year, and an expected loss of 31 cents per share. The sharp after-hours decline suggests that Beyond Meat's results or forward guidance may have fallen short of these already tempered expectations.

Beyond Meat has recently been the subject of intense speculation and volatility, driven by social media interest and its inclusion in the Roundhill Meme Stock ETF. However, this surge in popularity has also raised concerns about the company's valuation, with some high-profile investors publicly announcing short positions. The company's ability to address key investor concerns, including debt levels, future financing plans, and strategies to boost sales demand, will be crucial in restoring market confidence. As Beyond Meat continues to navigate an uncertain operating environment, tonight's earnings report and subsequent management commentary will be pivotal in determining the company's near-term trajectory.