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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. ....

Ethan Brown , Planet Partnership , Patties Of Beyond Meat Inc , Beyond Meat , Beyond Burger , United Nation , ஈதன் பழுப்பு , கிரகம் கூட்டு , பட்டீஸ் ஆஃப் அப்பால் இறைச்சி இன்க் , அப்பால் இறைச்சி , அப்பால் பர்கர் , ஒன்றுபட்டது தேசம் ,

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. ....

Ethan Brown , Ram Krishnan , Planet Partnership , Patties Of Beyond Meat Inc , Beyond Meat , Beyond Burger , United Nation , Global Chief Commercial Officer , ஈதன் பழுப்பு , ரேம் கிருஷ்ணன் , கிரகம் கூட்டு , பட்டீஸ் ஆஃப் அப்பால் இறைச்சி இன்க் , அப்பால் இறைச்சி , அப்பால் பர்கர் , ஒன்றுபட்டது தேசம் , உலகளாவிய தலைமை வணிகரீதியானது அதிகாரி ,