E Pure-Play Plant-Based Food Stocks Index Down 8% Last Week

Average Sub-Total Performance: -8.8%  (-15.6% YTD)

  1. Guru Organic Energy (GUROF): N/C (-22.6%) at $13.00/share
    • Announced that it has increased distribution of its products into another 1247 convenience and gas bar locations across Canada for a sum total of over 4,500 points of sale.
  2. Beyond Meat Inc. (BYND): -6.9% (-10.8%) to $129.71/share
    • J.P. Morgan cut its price target to $91 a share, and reiterated a rating of underweight on the stock.
  3. Laird Superfood Inc. (LSF): -7.2% (-13.2%) to $34.27/share
    • Reported financial results for its fourth quarter and fiscal year ended December 31, 2020.
  4. Tattooed Chef Inc. (TTCF): -8.2% (-4.1%) to $19.11/share
    • Announced that it has filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2020

Average Sub-Total Performance: -8.1% (-12.6%)

The Pure-Play Plant-Based Food Stocks Index went down, in total, by 8.1% last week and -11.8% over the month of March  

*Please note: The 10 pure-play stocks in the munKNEE Pure-Play Plant-Based Food Stocks Index are just that, pure, and focused almost exclusively on the research, development, sales, distribution, and marketing of vegan food products and, as such, the Index reflects the true health of the plant-based food sector in the U.S. and Canada.

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