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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