Beyond meat beefs up stocks Unlisted Video
5 years ago
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Erlan Abdikarimov
Freedom Finance
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Beyond Meat is surging on Tuesday, even as the stock market comes under pressure amid trade-war worries.
Shares of the plant-based burger maker were up 9.6% near $82 apiece on Tuesday afternoon.
The company has gained 228% since its initial public offering pricing of $25 on May 1.
The stock jumped 163% during its first day on the Nasdaq and has posted a higher close each day since.
Beyond Meat's blistering start on the public market comes despite it not yet turning a profit.
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