Decline In Plant-Based Food Stocks Index Slowed This Week

Image by Sean Hayes from Pixabay

The 5 stocks in the munKNEE Plant-based Food Stocks Index continue to trend downward. Below are the details.

  1. Guru Organic Energy (CSE: GURU; GUROF); No Change this week; DOWN 14.9% in the last 5 weeks; DOWN 66.3% YTD
    • a Montreal, Canada beverage company launched in 1999, when it pioneered the world’s first natural, plant-based energy drink.
  2. Else Nutrition (BABYF): No Change this week; DOWN 17.5% in the last 5 weeks; DOWN 41.6% YTD
    • an Israel-based food and nutrition company focused on developing innovative, clean, and plant-based food and nutrition products for infants, toddlers, children, and adults.
  3. Beyond Meat (BYND): DOWN 0.6% this week; DOWN 39.8% in the last 5 weeks; DOWN 78.4% YTD
    • seeks to replicate the look, cook, and taste of meat. Its products are sold in the meat case of retail food stores across the U.S. and Canada and 83 other countries.
  4. Oatly Group (OTLY): DOWN 2.7% this week; DOWN 15.5% in the last 5 weeks; DOWN 67.8% YTD
    • the world’s largest oat drink company catering primarily to customers in Sweden, Germany, United Kingdom, Netherlands, Finland, and North America.
  5. Tattooed Chef (TTCF): DOWN 8.6% this week; DOWN 26.1% in the last 5 weeks; DOWN 65.1% YTD
    • offers a broad portfolio of plant-based food products that are available in the frozen food sections of national retail food stores across the United States.

In total, the munKNEE Plant-Based Food Stocks Index went DOWN 2.2% this week, has gone DOWN 32.1% in the last 5 weeks, and is now DOWN 74.7% YTD.

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