Short sellers take a bite out of Beyond Meat as shares slump October 24, 2019 Short sellers have sunk their teeth into Beyond Meat as shares in the plant-based meat substitute company come off the gas following its hugely successful US listing earlier this year. Shares in Beyond Meat had surged past $200 in July, having debuted at $25 in May, but have gone steadily downhill since then. Now short [...]
Investors digest Beyond Meat’s share offer as stock dives July 29, 2019 The shine came off Beyond Meat’s blockbuster summer debut on Wall Street this evening, as its stock plunged after the plant-based burger group revealed plans to sell more shares. The food group’s stock dived more than 10 per cent in after-hours trading as investors digested the announcement of a secondary share offering which will dilute the value of current shareholders’ [...]
Beyond Meat share price soars as KFC trials vegan ‘chicken’ August 27, 2019 Shares in Beyond Meat soared yesterday after KFC announced it was trialing a plant-based alternative to fried chicken. The fast food giant said the new product – known as Beyond Fried Chicken – would be available today at one of its Atlanta restaurants, with customer feedback determining whether it gets a further test or national [...]
Bezos-backed plant food firm NotCo secures unicorn status July 26, 2021 A plant-based food firm backed by Jeff Bezos has nabbed unicorn status after raising $235m (£170m) in a star-studded funding round. NotCo, which makes plant-based milk, burger patties, meat and ice cream, was valued at $1.5bn following the round, which was led by Tiger Global. Venture capital firm DFJ Growth Fund also took part in [...]
Top London steakhouse: nearly half of ‘steaks’ sold are vegan this Veganuary January 8, 2024 This Veganuary almost half of the sales from one top London steakhouse have been vegan
Beyond Meat shares surge a day after debut results June 7, 2019 Shares of plant-based burger startup Beyond Meat surged 27 per cent in pre-trading, a day after it debuted its earnings as a listed company. The company estimates that it will double its sales this year as consumer interest in plant-based meat alternatives peaked in the first three months of the year. Shares rose to $131.50 [...]
DoorDash swings to loss in second quarter since IPO August 13, 2021 Aggressive expansion into a crowded global grocery delivery market plunged SoftBank-backed DoorDash into a wider than expected loss in the second quarter since its December 2020 IPO. The NYSE-listed food delivery firm reported a net loss of $102m in the second quarter, wider than the $74.6m loss Wall Street had been expecting. This translated to [...]
Extra large order: Beyond Meat hikes offering ahead of float April 30, 2019 A vegan burger startup sent signs of confidence through Wall Street today after raising the price range and size of its initial public offering (IPO). Read more: Vegan startup Beyond Meat brings plant-based burger to the UK In a move that could value the group at almost $1.5bn (£1.15bn), Beyond Meat is set to price [...]
The Rosarium is Waterloo’s newest restaurant July 26, 2023 Waterloo Station isn’t typically somewhere you’d think to go for dinner, but a new restaurant just opened in the bowels of the station is rethinking the terminus in culinary terms. Go down the stairs opposite the sweeping main entrance past where the Eurostar used to be and a couple of hundred metres underneath the platforms [...]
DEBATE: At $1.5bn, is plant burger firm Beyond Meat over-valued? May 2, 2019 At $1.5bn, is plant burger firm Beyond Meat over-valued? Chris Beauchamp, a senior market analyst at IG, says YES. For many, Beyond Meat’s IPO would seem to mark the perfect “market top” moment. A company producing a cutting-edge product, with ongoing losses and the risk that it may never make a profit, is seeking to become [...]