Beyond Meat's stock swings lower after Tyson Foods unveils plant-based food line
Shares of Beyond Meat Inc. swung lower in premarket trade Thursday, after Tyson Foods Inc. said it was entering the alternative protein market. The stock was up as much as 4.2% early in the premarket, then reversed course to be down 2.8% in recent trading. Tyson unveiled earlier new plant-based products under the Raised & Rooted brand, including plant-based nuggets and a "blended" burger made with a combination of meat and plants. Beyond Meat's stock closed Wednesday at $141.97, or nearly six-times its $25 IPO price. Читать дальше...