Partnership Sends Beyond Meat 7% Higher Monday
Shares of Beyond Meat (NASDAQ: BYND), a food company offering a list of revolutionary plant-based proteins designed to taste similar to animal-based proteins, jumped as much as 7% higher after the company announced a partnership with DoorDash (NYSE: DASH) for a summer on-demand delivery kit.
The two companies decided to partner with one another just in time for the summer grilling season to offer a limited-edition summer grilling kit. The plan is simple: Offer a way for consumers to prepare for a cookout without having to visit the store. Kits will offer a grilling mitt, apron, tools, bottle opener, recipe card, and of course Beyond Meat's new Beyond Burger -- for $14.99. "This 4th of July weekend, we're excited to partner with DoorDash to further our mission to make plant-based options more accessible to all," said Rebecca Infusino, Beyond Meat VP of retail sales, in a press release.
Image source: Getty Images.
Source Fool.com
