Beyond Meat Inc. stock skyrocketed Thursday in the best-performing public offering by a major U.S. company in almost two decades.
It was the biggest-popping IPO for a U.S. company with a market cap of at least $200 million since 2000, according to Dealogic data. That was when Palm Inc. made its debut in March 2000, at the peak of the dot-com boom. The last comparable pop in U.S. markets came in December 2010, when Chinese internet company Youku.com rose almost 115% in its debut on the New York Stock Exchange.
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Plant-based-burger maker Beyond Meat is set to begin trading as the latest disruptive, money-losing company this year (BYND) | Markets InsiderBeyond Meat soars 163% in its first day of trading
Source: BusinessInsider - 🏆 729. / 51 Read more »
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.
Source: Breakingviews - 🏆 470. / 51 Read more »
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. Ewww
Source: washingtonpost - 🏆 95. / 72 Read more »
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. Will someone be making a tender offer for this juicy target? Once again US ingenuity leading the way to a better world. I won’t be eating this but for those who do it’s great they have the option. Business providing solutions to problems. What is that per pound?
Source: CNBC - 🏆 12. / 72 Read more »
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. hahaha such nuts on this news Now it’s double. Don’t buy.
Source: CNBC - 🏆 12. / 72 Read more »