How Beyond Meat’s stock surged 500% in 2019
On their first exchanging day May 2019, shares of Beyond Meat soared 163%.
It was the best execution for an IPO in almost two decades.
At a certain point in 2019, Beyond Meat was greater than 25% of companies in the S&P 500.
Beyond Meat shares rode an ideal storm. Beyond Meat was the first organization that lone produces elective meat to open up to the world. It has as of late solved production issues. Furthermore, investors were hungry for development.
The elective meat industry is relied upon to turn into a $140 billion industry in the following decade. That means it’s about to get significantly increasingly swarmed. Can Beyond Meat’s stock continue its epic run?
Beyond Meat declined to remark about the organization’s valuation
