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McDonald’s Pours Cold Water on Report That Its McPlant Burger Is Expanding

  • Chain says meatless sandwich remains a ‘core menu item’
  • Beyond Meat stock pares earlier gains but still up strongly
McDonald's McPlant

McDonald's McPlant

Photographer: Justin Sullivan/Getty Images
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Beyond Meat Inc. pared gains after McDonald’s Corp. disputed a report that it plans to keep the McPlant burger as a permanent menu item.

The fast-food chain said Wednesday that it has no new plans to announce with Beyond Meat. Shares of the plant-based protein company had soared earlier in the afternoon after a Fast Company report cited a McDonald’s executive as saying the McPlant was sticking around in the U.S. and would be augmented by other Beyond Meat products.