Why Beyond Meat Stock Surged 65% in 2020

Shares of Beyond Meat (NASDAQ: BYND), the leading maker of plant-based meat substitutes, soared 65.3% in 2020, according to data from S&P Global Market Intelligence. The company went public in May 2019.

For context, the S&P 500 index returned 18.4% last year.

Beyond Meat stock kicked off 2021 with a small gain of 0.5% on Monday, whereas the broader market fell 1.5%.

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Source Fool.com