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Technology Stocks : Impossible Foods and Beyond
BYND 1.045-4.6%Dec 17 3:59 PM EST
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From: zax8/20/2019 11:35:09 AM
   of 249
 
Beyond Meat, Inc. (BYND)
154.45 +9.94 (+6.88%)

Beyond Meat stock jumps 7% after upgrade on potential for expanding restaurant presence

Beyond Meat Inc. stock jumped 7% in Tuesday premarket trading after the plant-based protein company was upgraded at JPMorgan on the potential for additional pilot testing of Beyond Meat products at large quick-service chains. Beyond Meat already has burgers at Restaurant Brands International Inc.'s Tim Hortons chain, Dunkin' Donuts , Aramark , and Uno on the roster. None of these sales are figured into the guidance. "We thus think the potential for sales to keep beating consensus estimates is legitimate," JPMorgan said. Sales have also accelerated, which implies that diners like the product.

... marketwatch.com
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