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Plant-based menu items are infiltrating fast food - and meat-eaters are all over them

Plant-based menu items are infiltrating fast food - and meat-eaters are all over them
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Beyond Meat jumps 16% after Jim Cramer says the stock could be the next target for Reddit traders

Beyond Meat shares soar 27% as company teams up with PepsiCo to make plant-based snacks and drinks

Beyond Meat shares soar 26% as company teams up with PepsiCo to make plant-based snacks and drinks CNBC 1/26/2021 Amelia Lucas Financial terms of the partnership were not disclosed. Operations will be managed through a limited liability corporation called The PLANeT Partnership. © Provided by CNBC Patties of Beyond Meat Inc. s plant-based burger Beyond Burger are cooked on a skillet. Beyond Meat and PepsiCo announced Tuesday that they ve formed a joint venture to create, produce and market snacks and drinks with plant-based substitutes. Shares of Beyond jumped as much as 31% in morning trading on the news, while Pepsi s stock rose about 1%. The run in Beyond Meat may have been helped by hedge funds rushing to cover their bets against the stock, a trend unfolding in may heavily-shorted names this year. More than 38% of the Beyond Meat shares available for trading are sold short, according to FactSet.

Beyond Meat shares soar 31% as company teams up with PepsiCo to make plant-based snacks and drinks

Beyond Meat shares soar 26% as company teams up with PepsiCo to make plant-based snacks and drinks CNBC 1/26/2021 Amelia Lucas Financial terms of the partnership were not disclosed. Operations will be managed through a limited liability corporation called The PLANeT Partnership. © Provided by CNBC Patties of Beyond Meat Inc. s plant-based burger Beyond Burger are cooked on a skillet. Beyond Meat and PepsiCo announced Tuesday that they ve formed a joint venture to create, produce and market snacks and drinks with plant-based substitutes. Shares of Beyond jumped as much as 31% in morning trading on the news, while Pepsi s stock rose about 1%. The run in Beyond Meat may have been helped by hedge funds rushing to cover their bets against the stock, a trend unfolding in may heavily-shorted names this year. More than 38% of the Beyond Meat shares available for trading are sold short, according to FactSet.

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