Beyond Meat's stock jumps after first earnings report

  • 📰 CNN
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 95%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Beyond Meat has reported sales of $40.2 million — up 215% from the same period a year before. Since the company went public, its stock has ballooned on interest in plant-based protein, as well as Beyond's own momentum.

New York Beyond Meat's sales skyrocketed in the first quarter of 2019, the company shared in its first-ever earnings report.

The fake meat company reported sales of $40.2 million — up 215% from the same period a year before. Anticipation was high ahead of Beyond's report, as investors waited to find out how the much-hyped company that makes plant-based protein has been performing. Shares jumped about 22% after hours, putting it above nearly five times its IPO price of $25 per share. The company had a wildly successful initial public offering in early May.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Finally here in Germany too, tastes great, better than the evil shit from the factory farming. More power to them! GoVegan AnimalRights

Burbuja coming up. Watch out

These the folks that make the Impossible burger?

Have fun eating your fake meat.

Beyond burger is da bomb

I dont need my faux meat to bleed

I am yet to eat a plant based bugger from them I just feel gray from there food

Why is Beyond Meat more expensive than ground beef? That makes no sense, other than greed.

heheheheh wait till they find out its actually meat.

At least they are being honest and not trying to deceive us into thinking it is meat like some companies.

This product is Delicious. Great 👍🏾 job!

Please stop bringing in that shit beef from Mexico they sail in save a lots junk

The more vegetables you have to grow the more natural land you have to cut down hurting the earth and adding to climate change. Congrats hippies.

DerekMacEwen

Don’t get too excited it’s just lefties buying them..or it...it’s beyond me.meatistheonlychoice

But who believes anything has to say

But it isn’t necessarily healthier than “real” meat. Read the labels!

We haven’t been able to afford meat since Bush left office.

MAGA THANK YOU realDonaldTrump

If it tastes good...

Is Donald Trump Uranus?

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Beyond Meat stock soars after first earnings reportBeyond Meat could extend its rally, with shares of the maker of meat alternatives surging in after-hours trading Thursday after the company delivered an...
Source: MarketWatch - 🏆 3. / 97 Read more »

Beyond Meat will report earnings after the bell for the first time since going publicBeyond Meat surged 160% in its first day trading on the public markets and has soared nearly 300% above its initial public offering price. Would be interested to talk to anyone holding through this one... $BYND $BYND buy the dip at $69.50
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves after hours: Beyond Meat, Zoom Video, DocuSign and moreSee which stocks are posting big moves after the bell on Thursday, June 6.
Source: CNBC - 🏆 12. / 72 Read more »