Deena Shanker

Deena Shanker is a reporter for Bloomberg News covering consumer and retail. She was previously an editor at Cannabis Business Times and has written for The Fresh Toast, Civilized, and Leafly. Shanker graduated from the University of Wisconsin-Madison with a degree in journalism. She lives in New York City.

Biography:  https://www.bloomberg.com/authors/ASznQGEjaUE/deena-shanker

69%

The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermines the credibility of the source. It is calculated as:
Analysis.OverallConflictOfInterestScore * 0.3F + Analysis.OverallBiasScore * 0.3F + Analysis.DeceptivenessScore * 0.3F + Analysis.ReadabilityScore * 0.1F

A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

The Daily's Verdict

This author has a mixed reputation for journalistic standards. It is advisable to fact-check, scrutinize for bias, and check for conflicts of interest before relying on the author's reporting.

Bias

100%

Examples:

  • The article does not mention any negative aspects or challenges faced by Beyond Meat or its competitors.
  • The article is biased in favor of Beyond Meat and its stock performance. It exaggerates the company's revenue growth and sales beat compared to analyst expectations.
  • The article uses positive language such as 'soars', 'surpassed', and 'hit albumţ to create a favorable impression of the celebrity-turned-business magnate.

Conflicts of Interest

50%

Examples:

Contradictions

85%

Examples:

  • Beyond Meat will cut at least $70 million from its operating budget in 2024 as part of cost-cutting measures
  • The company reported a 7.8% decrease in year-over-year net revenues to $73.7 million, beating Wall Street's expectations for the quarter

Deceptions

50%

Examples:

  • The article states 'Beyond Meat Inc. surged as much as 106% in late trading after it reported fourth-quarter sales that surpassed expectations.' However, this is not accurate as the company's revenue was only $73.7 million which is $2.3 million below the average analyst estimate of $75 million.
  • The article states 'Sales in both the US and international channels beat expectations.' This statement is also misleading as sales in both channels were only 1% above their respective estimates.

Recent Articles

Beyond Meat Surpasses Sales Expectations in Fourth Quarter, Stock Price Remains Volatile

Beyond Meat Surpasses Sales Expectations in Fourth Quarter, Stock Price Remains Volatile

Broke On: Wednesday, 28 February 2024 Beyond Meat Inc. reported fourth-quarter sales that surpassed expectations, with revenue of $73.7 million beating the average analyst estimate of $66.8 million compiled by Bloomberg. sales in both the US and international channels also beat expectations. even though Beyond Meat's stock price has been volatile in recent years, it is a promising company that offers plant-based meat alternatives to consumers who are looking for healthier options.