Beyond Meat’s market cap jumped from about $1.5 billion Wednesday night to about $3.8 billion Thursday afternoon.
Beyond Meat Inc. stock skyrocketed Thursday in the best-performing public offering by a major U.S. company in almost two decades.
It was the biggest-popping IPO for a U.S. company with a market cap of at least $200 million since 2000, according to Dealogic data. That was when Palm Inc. made its debut in March 2000, at the peak of the dot-com boom. The last comparable pop in U.S. markets came in December 2010, when Chinese internet company Youku.com rose almost 115% in its debut on the New York Stock Exchange.
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Plant-based-burger maker Beyond Meat is set to begin trading as the latest disruptive, money-losing company this year (BYND) | Markets InsiderBeyond Meat soars 163% in its first day of trading
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Beyond Meat IPO flips into FOMO territoryThe plant-based burger firm’s stock almost tripled on its market debut. The desire for food that’s tasty, green and ethical is real, and investors are clamoring for a bite. But such big first-day pops are often driven by a fear of missing out that longer-term returns cannot sate.
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Beyond Meat, plant-based food company, surges more than 130% after IPOPea protein is the main ingredient of Beyond Meat products, designed to replicate the taste and texture of animal-based foods.
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Beyond Meat prices IPO at $25 per share: SourceThat's above the company's original expected range between $19 and $21 per share. The high end of the previous range would have valued the company as high as $1.21 billion.
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Cramer: Beyond Meat will IPO for $25 a share — buy it below $35 after its debut'At the midpoint of its current price range, Beyond Meat's going to be very expensive — it's already trading at 17-times last year's sales,' Jim Cramer says.
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Beyond Meat prices IPO at $25 a share, valued at almost $1.5 billionBeyond Meat Inc. priced its initial public offering at $25 a share Wednesday evening, the high end of a range that had been increased. The plant-based meat...
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Beyond Meat raises the price range for its IPOPlant-based meat substitutes have been gaining popularity as more attention is focused on the environmental hazards of industrial ranching.
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Fed dashes rate-cut hopes | Musk buys Tesla stock | Beyond Meat prices IPOFutures point to a mixed open following a Wednesday decline that saw the S&P 500 close lower after hitting an all-time intraday high.
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Beyond Meat prices IPO at $25 per shareBeyond Meat is pricing at $25 a share, at the top of an already boosted range. This makes the plant-based meat substitute company another unicorn to test the public waters.
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Vegan burger maker Beyond Meat raises price range in upsized IPOPlant-based meat maker Beyond Meat Inc on Tuesday increased the expected price r...
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Burger King and Beyond Meat say plant-based burgers aren't eating into meat salesThe meat-substitute maker's customers keep buying animal protein, while the fast-food chain's Impossible Whopper hasn't eaten into Whopper sales.
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