Beyond Meat shares rise on news that it collaborated with McDonald’s on the McPlant options

Beyond Meat shares rise on news that it collaborated with McDonald’s on the McPlant options

4 years ago
Anonymous $RGO3jP_V_c

https://techcrunch.com/2020/11/09/beyond-meat-shares-rise-on-news-that-it-collaborated-with-mcdonalds-on-the-mcplant-options/

After tumbling earlier today, Beyond Meat shares are shooting upward on news that the company did indeed collaborate with McDonald’s on its new McPlant vegetarian menu.

McDonald’s made waves this morning when it announced its new McPlant, and the company’s statement, which said that the new plant-based patty and chicken substitute formulation was made in-house, caused Beyond Meat shares to slide.