Why Is Everyone Talking About Beyond Meat Stock?
Beyond Meat (NASDAQ: BYND) went public at $25 per share last May, and trades at about $150 per share today. Let's see why everyone is talking about this plant-based meat maker, and why its sizzling stock might attract even more bulls in the near future.
Beyond Meat was founded in 2009, while its main rival Impossible Foods was founded in 2011. Beyond launched its first plant-based meat products in 2012, while Impossible launched its first product in 2016. Everyone else, including meatpacking giant Tyson Foods (NYSE: TSN), jumped on the bandwagon much later.
Image source: Beyond Meat.
Source Fool.com