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Beyond Meat BYND
(Total Views: 821)
Posted On: 05/03/2019 8:02:59 AM
Post# of 133
Posted By: ReadTheChinaStudy
Big day yesterday: BYND finally had its IPO and the market welcomed the plant-based newcomer with open arms, starting the day at $46 and closing at $65.75 with more than $23 million shares traded. Early investors appeared to be attracted to its rapid growth rate and huge market opportunity. The company has some aggressive growth plans, which means it needs to spend a lot to achieve its goals. After the honeymoon is over, though, all eyes will be on spending and guidance for the next quarter.













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