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Capitalism

May 04, 2019 - Inc.

Beyond Meat's Shares More than Double With a Monumental IPO

Beyond Meat's Shares More than Double With a Monumental IPO
Credit: Beyond Meat - FacebookFile Photo / © Photabulous!

Investors have a big appetite for fake meat.

The shares of Beyond Meat, the purveyor of plant-based burgers and sausages, more than doubled Thursday in its Nasdaq debut. It's the first pure-play maker of vegan "meat" to go public, according to Renaissance Capital, which researches and tracks IPOs.

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