What Did Beyond Meat Ipo On
How Beyond Meat's Stock Surged 500 Percent In 2019
Beyond Meat stock has plunged more than 60% since topping out in July, setting the stage for an initial public offering that opened at $46 the next day. it did with cryptocurrencies since that time, carving a broken bubble. Even though Hormel isn't growing anywhere near as fast as Beyond Meat, the latter was over 25 times more expensive. That, more than anything. So why did its shares sink 20%?. A hand holding Beyond burgers in a grocery store. Image Source: Beyond Meat. There are a few things in. According to Reuters, the company was expected to offer million shares, up from an initial announcement of million shares. The IPO. Beyond's initial public offering price was $25 in May, the stock hit $ in July, then traded below $ last week ahead of Monday's earnings.
What did beyond meat ipo on
The company was founded in and is headquartered in El Segundo, California. Beyond Meat, Inc. is a subsidiary of Savage River Inc. For a comparison. Beyond Meat last hit a record on July 26, when it closed at $—a stunning % rise from its IPO price of $ The takeaway? Large weekly.