Beyond Meat soars 163% in its first day of trading
, the decade-old plant-based meat-substitute company, soared by 163% on Thursday as it became the latest unprofitable, disruptive company to make its stock-market debut.
Beyond Meat issued 9.63 million shares, up from its initial target of 8.75 million shares, according to a filing with the Securities and Exchange Commission. That offering raised nearly $241 million.
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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.
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Plant-based burger company Beyond Meat went public on Thursday, and investors took noticeBeyond Meat aims to disrupt the food industry, one burger at a time.
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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...
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Fed dashes rate-cut hopes | Musk buys Tesla stock | Beyond Meat prices IPOFutures point to a mixed open following a Wednesday decline that saw the S&P 500 close lower after hitting an all-time intraday high.
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Beyond Meat prices IPO at $25 a share, valued at almost $1.5 billionBeyond Meat Inc. priced its initial public offering at $25 a share Wednesday evening, the high end of a range that had been increased. The plant-based meat...
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Beyond Meat raises the price range for its IPOPlant-based meat substitutes have been gaining popularity as more attention is focused on the environmental hazards of industrial ranching.
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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.
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Cramer: Beyond Meat will IPO for $25 a share — buy it below $35 after its debut'At the midpoint of its current price range, Beyond Meat's going to be very expensive — it's already trading at 17-times last year's sales,' Jim Cramer says.
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