Beyond Meat is a company that produces and sells plant-based meat substitutes. The company was founded in 2009 by Ethan Brown, and it went public in 2019. Beyond Meat's products are sold in grocery stores and restaurants, and they are also included in major indices such as the S&P 500. The company has partnerships with fast food chains such as Carl's Jr. and Del Taco, and it has also partnered with foodservice companies such as Sodexo and Compass Group. In 2020, Beyond Meat announced a partnership with Mars, Inc. to create plant-based versions of popular Mars products such as Twix bars and Milky Way bars. The company is headquartered in El Segundo, California.
Beyond Meat's share price has been volatile since its initial public offering (IPO) in May 2019. The Beyond Meat share price reached its highest point in July 2019, before experiencing a sharp decline in September 2019. It then recovered in early 2020, but has since been impacted by the COVID-19 pandemic.
The company is expected to continue being a volatile stock in the near future, as events such as the release of new products and changes in consumer demand can have a significant impact on the company's share price. It is also expected to launch several new products in 2021 and 2022, which could lead to an increase in its Meat share price. However, any unforeseen events could result in a decrease in the Beyond Meat share price. As such, investors should tread carefully when considering an investment in this stock.
Beyond Meat's main competitors are Impossible Foods and Tyson Foods. The first two are in a race to get their products into as many stores as possible. Beyond Meat has partnerships with major food companies, such as Del Taco, Tim Hortons, and Carl's Jr. Tyson Foods has partnered with McDonald's. Both Beyond Meat and Tyson Foods have similar products.
The Beyond Burger is plant-based and made to look, cook, and taste like a beef burger. The Impossible Burger is made from plants and designed to mimic the taste and appearance of ground beef. The biggest difference between the two products is that Beyond Meat uses pea protein and soy protein, while Impossible Foods uses wheat protein and potato protein. BYND stock price has surged since going public in 2019, while Tyson Foods' stock price has remained relatively flat. It remains to be seen who will be the ultimate winner in the plant-based meat market.
|Swap long||[[ data.swapLong ]] points|
|Swap short||[[ data.swapShort ]] points|
|Spread min||[[ data.stats.minSpread ]]|
|Spread avg||[[ data.stats.avgSpread ]]|
|Min contract size||[[ data.minVolume ]]|
|Min step size||[[ data.stepVolume ]]|
|Commission and Swap||Commission and Swap|
|Trading Hours||Trading Hours|
* The spreads provided are a reflection of the time-weighted average. Though Skilling attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.
The above spreads are applicable under normal trading conditions. Skilling has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions'.
Why Trade [[data.name]]
Make the most of price fluctuations - no matter what direction the price swings and without capital restrictions that come with buying the underlying asset.