Cheaper Burgers Lift Beyond Meat Stock
Beyond Meat (NASDAQ: BYND), maker of plant-based meats, is watching its stock go higher after announcing cheaper burgers just in time for the summer grilling season. The Cookout Classic Value Pack contains 10 meatless patties and will be available at major U.S. retailers, including Walmart and Target.
Beyond Meat discussed developing value packs in its first-quarter earnings call, in an ongoing effort to narrow the price gap between its products and real meat.
Image source: Beyond Meat.
Source Fool.com