Cramer explains why he was bearish on Beyond Meat before the JPM downgrade

10:01 AM ET Tue, 11 June 2019

Beyond Meat is pulling back one day after rising more than 600% above its IPO price. J.P. Morgan downgraded the stock to neutral from overweight, calling it "purely a valuation call." CNBC's "Squawk on the Street" discuss the stock.