Beyond Meat Shares Jump After Walmart Distribution Expansion

Reported about 9 hours ago

Beyond Meat's stock surged nearly 70% following the announcement of its products being made available in over 2,000 Walmart stores. This expansion includes a six-pack of burgers, chicken pieces, and Korean barbecue products, aimed at attracting non-vegetarians with more affordable pricing. The company's stock volatility has increased due to a recent debt swap that may shift control to bondholders.

Source: YAHOO

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