Tag Archives: beyond meat

11/6/19

Beyond Meat and Beyond

The stock markets are tired of unicorns. They are punishing them. The only bright spot is Beyond Meat (BYND) which has also taken a beating.

Here is what a stock that came out at $25/sh and immediately traded up from an indicated market cap of $1.3B to a cap of $13B ($234.90 on 7-26-2019) looks like. That’s a 859% run up.

Since then the stock price has settled to a level of $81.18 — still a nice premium from the IPO price, but a return of more than 2/3rd of its initial run up.

The fate of stocks like Uber and Lyft — the “no profit unicorns” has been even more bloody with values below the IPO price.

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06/28/19

Beyond Meat — Show Me The Meat!

OK, maybe the title today should have been “Where’s the beef?” but you get it. What you will not be getting is any real beef.

Image result for beyond meat logo

A logo is fine — actually I think this logo is lame as Hell — but here’s the faux beef you really want to see.

Beyond Burger™

Please note the lettuce, tomato, onions, and pickles — vegetables on vegetables. Think about that.

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05/20/19

Beyond Meat — Don’t Burn That Fake Burger

If you have a hankering for a burger, then Beyond Meat may be for you, especially if you like plant protein burgers. Into the conversation, comes recently IPOed Beyond Meat.

BYND came public on 2 May 2019 at $25/share. Since then, the chart looks like the following. Hello, America!

From an Initial Public Offering price of $25/share, the first trade was at $46/share and the first day ended with the price $65.75/share. This was a 163% premium to the IPO price.

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