Beyond Meat’s stock is sizzling, up 103% on growing gross margins

Beyond Meat Inc.’s stock hurtled 103% higher in after-hours trading Tuesday following the company’s quarterly results that included a forecast of gross margins in the mid- to high-teens for 2024.The beleaguered fake-meat maker BYND, +0.94%,which had slogged through several brutal quarters, reported a fiscal fourth-quarter net loss of $155.1 million, or $2.40 a share, compared with a net loss of $66.9 million, or $1.05 a share, in the same quarter a year ago.Net revenue declined to $7