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Beyond Meat: Vegan burgers are going public

MarketLine

Beyond Meat raised the price range for its shares before floating on the stock market, valuing the plant-based meat producer at almost $1.5bn. The American company, which counts the actor and ecologist Leonardo DiCaprio its investors, will now offer their shares at a price of $23 to $25. The decision to increase the price from the original price range of $19 to $21 indicates strong demand for shares. But Beyond Meat has made big losses and does not know when it will make a profit. Financial results for 2018 reveals… Read more