Vegan Burger Maker Beyond Meat Sizzles in Market Debut
Shares of vegan burger maker Beyond Meat Inc surged 84 percent in their market debut on Thursday, as investors look to cash in on the growing popularity of plant-based meat alternatives.
The stock opened at $46, well above its IPO price of $25, giving Beyond Meat a market capitalization of around $2.75 billion, including underwriters' option.
Shares surged to $50 just minutes after starting to trade and were halted due to volatility. They have since resumed trading at more than...
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