News Formal

Impossible Foods CEO's message to BBQing investors: We could end up selling the company

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 24 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

Impossible Foods News

Plant-Based

Impossible Foods CEO downplays the potential for a long-talked-about IPO.

Opening Bid). "And that could get Impossible in more places and actually achieve the mission faster. Investors could get a good return, and employees could get a good return on their equity."

Impossible Foods has more than enough cash on hand to operate its business, and no decision on a sale, IPO, or capital raise has been reached. Said McGuinness, "The category is not where it needs to be. So investors are kind of cautious right now."Elon Musk vows Bill Gates will be ‘obliterated’ if he doesn’t stop shorting Tesla

Nancy Pelosi disclosed stock market trades made by her husband. He loaded up on AI plays like Nvidia and sold Tesla.

 

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

 /  🏆 47. in BUSİNESS

Business Business Latest News, Business Business Headlines

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

Why Impossible Foods CEO backs hotdog-eating legend Joey ChestnutThe plant-based food industry burst onto the scene more than a decade ago as a battle emerged between then-new upstarts Beyond Meat (BYND) and Impossible...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

AI has already managed the impossible — making utilities a hot trade: Morning BriefAI has done a lot of impressive stuff to the stock market. But perhaps most impressively, it's turned 'boring' utilities into an exciting trade.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »