Beyond Meat CEO: We're focused on the meat industry, not other vegetarian options

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On Thursday, Beyond Meat made its public market debut on the Nasdaq, trading under the symbol 'BYND.'

CEO Ethan Brown said that consumers are moving the most quickly away from eating beef and pork.Brown founded Beyond Meat, which manufactures plant-based meat substitutes, back in 2009.Beyond Meat isn't thinking as much about other makers of plant-based meat substitutes — like rival Impossible Foods or Nestle — as it is on taking down the mammoth meat industry.

"We really don't focus on the plant-based meat sector as much as we focus on the meat sector itself. That's a $1.4 trillion industry with just incredible diversity and potential globally," Beyond Meat CEO Ethan Brown on CNBC's "Brown founded Beyond Meat back in 2009. The company sells fake burger patties, ground beef and sausage made with proteins from peas and faba beans. It previously sold chicken strips but is working to retool that formula.U.S.

"We're just looking forward to building the business, and I think the reaction from the market is a reflection of the fact that we're highly focused on collapsing the gap between our products and animal protein," Brown said.

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Any true VEGAN looks at $BYND's product and throws up/Any non VEGAN looks at $BYND's product - and throws up. A real winning combination- NOT $BYND stock is at $60 for one reason only. SCAM erica's BIGFATUGLYBUBBLE is 10000% more bloated than SCAM erica's BIGFATUGLY people

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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.
Fonte: CNBC - 🏆 12. / 72 Leggi di più »

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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