— Wayfair plunged as much as 11% after the company reported steep gains in revenue, but a greater-than-expected loss for the first quarter of the year. Wayfair's revenue rose 39% to $1.94 billion in the first quarter of the year, compared with the $1.92 billion expected, according to data from Refinitiv. However, the online furniture-retailer posted a loss of $200.4 million, or $2.20 a share, versus a loss of $107.8 million, or $1.22 a share, during the same period a year earlier.
Beyond Meat — Beyond Meat, which celebrated its initial public offering Thursday, saw its stock rocket as much as 140% in the hours following its first public trade. Beyond offers meat alternatives ranging from faux ground beef to burger patties and priced its IPO
oh hello.
Bubble?
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Beyond Meat surges more than 125% in market debutOn Wednesday night, Beyond Meat priced its initial public offering at $25 per share. Rip off lol Heading to my local tavern tonight for a Beyond Burger. I love them! DevinCow would be proud!! from one Yellow Jacket to another Congratulations John Salley on the BYND IPO. Bob Kennedy Class of '66.
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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
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