Beyond Meat Surges 87% in Two Days
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Beyond Meat Inc. shares continued to soar on Monday, after the faux meat-maker’s first earnings report as a public company wowed analysts and investors, prompting a nearly 40% jump in the stock price on Friday.
Shares of the company, which started trading on May 1, gained as much as 34% on Monday, touching a record high of $186.43. The shares are now up a staggering 646% from the initial public offering price of $25.