Image by Sean Hayes from Pixabay

The 5 stocks in the munKNEE Pure-Play Plant-Based Food Stocks Index are those in the sector that have market caps in excess of $50M. The Index average continues to tumble, going down 6.3% this past week on top of a 13.4% decline the previous week and a 15.2% decline the week before that. The Index went down 23.0% during the 5 weeks of August (July 29th to September 2nd) and is now down 62.7% YTD.

Below are the performances of the constituents in the index in August, in descending order, since the end of June, and YTD.

1. Else Nutrition (BABYF): UP 23.5% in August; UP 31.3% since the end of June; DOWN 29.2% 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.
2. Tattooed Chef (TTCF): DOWN 2.2% in August; DOWN 2.4% since the end of June; DOWN 60.4% 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.
3. Oatly Group (OTLY): DOWN 18.5% in August; DOWN 12.4% since the end of June; DOWN 61.9% YTD.
   • the world’s largest oat drink company catering primarily to customers in Sweden, Germany, United Kingdom, Netherlands, Finland, and North America.
4. Beyond Meat (BYND): DOWN 26.8% in August; DOWN 2.2% since the end of June; DOWN 64.1% 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.
5. Guru Organic Energy (CSE: GURU; GUROF): DOWN 30.2% in August; DOWN 30.2% since the end of June; DOWN 60.4% YTD.
   • a Montreal, Canada beverage company launched in 1999, when it pioneered the world’s first natural, plant-based energy drink.

In total, the munKNEE Pure-Play Plant-Based Food Stocks Index went DOWN 23.0% in August, is now DOWN 8.5% since the end of June and DOWN 62.7% YTD. 

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