SunOpta Inc. (STKL): A Bear Case Theory

We came across a bearish thesis on SunOpta Inc. (STKL) on Substack by Idea Hive. In this article, we will summarize the bears’ thesis on STKL. SunOpta Inc. (STKL)'s share was trading at $7.26 as of Nov 6^th.

SunOpta (STKL) presents an interesting short opportunity based on a potential downturn in the plant-based milk industry. Once undersupplied and experiencing rapid growth during the pandemic, this sector now faces the risk of oversupply as demand stabilizes. With production capacity having expanded significantly, particularly by companies like STKL, prices in the plant-based milk...