Beyond Meat’s IPO has flipped into FOMO territory rob_cyran
Shares in Beyond Meat stock rose as high as $72 a share on its first day of trading on May 2. That represented a 190 percent increase on the $25-a-share price the plant-based burger company had set for its initial public offering on May 1. The float raised $240 million.
The company had a net loss of $30 million last year, and revenue more than doubled to $88 million. Beyond Meat will use the proceeds for research, development and expanding production. Tyson Foods, the top meat producer in the U.S., recently sold its a 6.5 percent stake in Beyond Meat as it plans to develop its own alternative protein foods.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Beyond Meat, plant-based food company, surges more than 130% after IPOPea protein is the main ingredient of Beyond Meat products, designed to replicate the taste and texture of animal-based foods.
Leer más »
Beyond Meat's stock rockets in its debut, trades nearly double the IPO priceBeyond Meat Inc. has gone public Thursday, with shares of the plant-based meat maker rocketing in their debut. The first trade was at $46.00 at 12:18 p.m....
Leer más »
Beyond Meat prices IPO at $25 per shareBeyond Meat is pricing at $25 a share, at the top of an already boosted range. This makes the plant-based meat substitute company another unicorn to test the public waters.
Leer más »
Fed dashes rate-cut hopes | Musk buys Tesla stock | Beyond Meat prices IPOFutures point to a mixed open following a Wednesday decline that saw the S&P 500 close lower after hitting an all-time intraday high.
Leer más »
Vegan burger company Beyond Meat's IPO sizzles with $25 share priceVegan burger maker Beyond Meat Inc, which counts Microsoft founder Bill Gates an...
Leer más »
Vegan burger maker Beyond Meat raises price range in upsized IPOPlant-based meat maker Beyond Meat Inc on Tuesday increased the expected price r...
Leer más »
Beyond Meat’s green IPO could still burn buyersThe plant-based burger maker is seeking a $1.5 bln valuation after raising its IPO target price by 20 pct. The eco-friendly business has developed a following among consumers. But with former investor Tyson entering the alternative-meat space, investors may have tastier options.
Leer más »
Breakingviews - Beyond Meat’s green IPO could still burn buyersBeyond Meat is gearing up for an IPO as more consumers develop a taste for its plant-based burgers. But investors entering the alternative-meat space may have better options via Breakingviews alpgomez
Leer más »
Beyond Meat prices IPO at $25 per share: SourceThat's above the company's original expected range between $19 and $21 per share. The high end of the previous range would have valued the company as high as $1.21 billion.
Leer más »
Cramer: Beyond Meat will IPO for $25 a share — buy it below $35 after its debut'At the midpoint of its current price range, Beyond Meat's going to be very expensive — it's already trading at 17-times last year's sales,' Jim Cramer says.
Leer más »
Beyond Meat prices IPO at $25 a share, valued at almost $1.5 billionBeyond Meat Inc. priced its initial public offering at $25 a share Wednesday evening, the high end of a range that had been increased. The plant-based meat...
Leer más »