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Beyond Meat Stock Gyrates on Sales Miss, McDonald's Pact

Beyond Meat Stock Gyrates on Sales Miss, McDonald’s Pact
Bloomberg
2/25/2021
Deena Shanker and Leslie Patton
(Bloomberg) -- Beyond Meat Inc. shares gyrated sharply in after-market trading on Thursday as agreements with McDonald’s Corp. and Yum! Brands Inc. -- two of the largest fast-food companies in the world -- were offset by sales that missed expectations.
The stock sank 3.3% at 5:21 p.m. in New York. Competing news releases from the faux meat maker whipsawed the shares, with lackluster sales first sending them down as much as 11%, before news of the partnerships with Yum and McDonald’s caused a sharp reversal.

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Beyond Meat Stock Gyrates on Sales Miss, McDonald's Pact

Beyond Meat Stock Gyrates on Sales Miss, McDonald's Pact
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New-york , United-states , Sweden , Canada , Denmark , Ethan-brown , Jennifer-bartashus , Taco-bell , Mcdonald-corp , Bloomberg-beyond-meat-inc , Brands-inc , Burger-king