Beyond Meat shares spike another 14%, leaving Uber in the dust after IPO

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Shares of Beyond Meat, which makes plant-based meat substitutes, surged more than 14% on Tuesday, adding to their stellar start in the public market.

Beyond Meat celebrated its IPO on May 2. Its stock skyrocketed 163% that day, marking the best initial public offering of 2019.

The company's IPO left every other debut in the dust, including Uber Technologies' highly anticipated foray into the public market. Ethan Brown, founder and CEO of Beyond Meat, prepares to ring the opening bell to celebrate his company's IPO at the Nasdaq Market site in New York, May 2, 2019., which makes plant-based meat substitutes, surged more than 14% on Tuesday, adding to their stellar start in the public market.

There was no clear catalyst for the stock's move up other than continued momentum following its successful IPO., marking the best initial public offering of 2019.' highly anticipated foray into the public market.

 

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I saw them at Whole Foods and bought the two patty package so I could give them a try. They better be super awesome at $12 a pound.

Uber IPO once again showed there's nothing sure in the market. The biggest startup yet poor performance on Wall Street.

LoL - Uber

Wonder if those kind of percentage moves up everyday gives confidence to regular investors. If so, they might make a mistake paying too high a price.

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