Beyond Meat’s reliance on co-manufactures and related disputes with former manufacturing partners point to a potential risk for a company that just had the best first-day IPO of the year.
The gains that Beyond Meat stock enjoyed in its IPO are eye-popping. The stock jumped 163% on Thursday, Beyond Meat’s first day as a publicly traded company.
What’s more, shares jumped 43% even from their opening level of $46 per share—meaning investors who bought Beyond Meat stock on the open still made out very well. The stock jumped another 7.8% on Friday.... Subscribe or Sign In to continue reading.
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Burger King and Beyond Meat say plant-based burgers aren't eating into meat salesThe meat-substitute maker's customers keep buying animal protein, while the fast-food chain's Impossible Whopper hasn't eaten into Whopper sales.
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Beyond Meat CEO: We're focused on the meat industry, not other vegetarian optionsOn Thursday, Beyond Meat made its public market debut on the Nasdaq, trading under the symbol 'BYND.'
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Beyond Meat goes public with a bang: 5 things to know about the plant-based meat makerBeyond Meat, the company created by vegan Ethan Brown in 2009, has gone public to raise the money it needs to grow its line of plant-based meats.
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Beyond Meat wants to make traditional protein from animals ‘obsolete’Beyond Meat thinks it can make traditional animal-based meat a thing of the past.
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Beyond Meat CEO wants to make traditional protein from animals ‘obsolete’Beyond Meat thinks it can make traditional animal-based meat a thing of the past.
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Vegan burger maker Beyond Meat raises price range in upsized IPOPlant-based meat maker Beyond Meat Inc on Tuesday increased the expected price r...
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Beyond Meat IPO flips into FOMO territoryThe plant-based burger firm’s stock almost tripled on its market debut. The desire for food that’s tasty, green and ethical is real, and investors are clamoring for a bite. But such big first-day pops are often driven by a fear of missing out that longer-term returns cannot sate.
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Beyond Meat Is Now Worth More Than All the Peas in AmericaThe hot IPO makes its Beyond Burger out of pea protein. At $67 a share, the market is valuing Beyond Meat at more than $4 billion.
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Beyond Meat soars 163% in biggest-popping U.S. IPO since 2000Beyond Meat’s market cap jumped from about $1.5 billion Wednesday night to about $3.8 billion Thursday afternoon.
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Plant-based burger company Beyond Meat went public on Thursday, and investors took noticeBeyond Meat aims to disrupt the food industry, one burger at a time.
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NBA champ John Salley, an original investor in Beyond Meat, will let shares 'ride'NBA champion John Salley isn't planning on cashing out of his investment in Beyond Meat anytime soon.
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