Beyond Meat claimed to have engineered “a better way to feed the planet” and investors agreed. After launching on the Nasdaq stock market early Thursday, plant-based protein company Beyond Meat saw its stock price surge to $62, up from its initial public offering of $25 a share. It is the first plant-based meat alternative company to go public on a major exchange.
The building blocks of Beyond Meat’s products are protein, which they derive from peas, mung beans, and brown rice. The company uses beets and pomegranate juice to provide their burgers with a typically meaty appearance. Coconut oil and potato starch are added to regulate the texture. Up until recently, meat giant Tyson Foods had a 6.5 percent ownership stake in Beyond Meat, before selling the shares in order to develop its own line of plant-based products, according to Axios.
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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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Beyond Meat CEO: We're focused on the meat industry, not other vegetarian optionsOn Thursday, Beyond Meat made its public market debut on the Nasdaq, trading under the symbol 'BYND.' 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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Vegan burger maker Beyond Meat sizzles in market debutShares of vegan burger maker Beyond Meat Inc surged 84 percent in their market d... Country doomed. This is just another way to poison us & thin the herd! Modified Non Meat doesn't sound appetizing! 🤮🤮🤮 ❤
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Beyond Meat is getting the Silicon Valley treatment even though it's a food companyBeyond Meat is being valued at more than 40 times revenue, while most big food companies have price-to-sales multiples of less than two. it's a great time to short this bust.... And they dont even sell meat? After you buy the stock or eat the burgers 🍔 you feel like 💩‼️
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Stocks making the biggest moves midday: Beyond Meat, Tesla, Eventbrite & moreThese are the stocks posting the largest moves midday Thursday. Bubble? oh hello.
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