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Beyond Meat Stock Up 16% Taco Bell Announces Partnership

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Beyond Meat rose as much as 16%, to $144.78 a share, after Taco Bell announced it's partnering with the faux-meat producer to explore plant based protein menu items on Thursday. Beyond Meat's stock surge comes after a stellar 2020 which recorded a 65.3% yearly gain. The plant-based meat company has also gained over 100% since its IPO in May 2019. "Taco Bell chose to team up with Beyond Meat as a category leader with a proven track record of attracting younger customers with its irresistibly delicious plant-based offerings," Taco Bell said in a press release. Taco Bell is just one of the many fast-food chains Beyond Meat has teamed up with.

Added on the 14/01/2021 18:14:45 - Copyright : Wochit

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