E Plant-Based Food Stocks Growing In Value Again But Still Down YTD

Average Sub-Total Performance: -6.9%  (-17.4% YTD)

  1. Laird Superfood (LSF): +9.7(-22.3% YTD) to $32.61/share
    • No news of note.
  2. Beyond Meat (BYND): +3.9% (-4.1% YTD) to $134.22/share
    • announced that a new version (improved taste and nutrition) of its Beyond Burger will arrive in grocery stores nationwide beginning the week of May 3rd,
  3. Guru Organic Energy (CSE: GURU): -4.1% (-21.7% YTD) to C$15.83/share
    • No news of note.
  4. Tattooed Chef (TTCF): -6.4% (-21.9% YTD) to $17.88/share
    • On April 15, 2021, the CEO sold roughly 1.3 million of his +30 million shares and, on the same day, the CFO resigned from his position, effective immediately.
    • Research shows that the recent weakness in its stock is the result of the overall movement away from SPAC stocks not in the demand for its products

Average Sub-Total Performance: +3.0(-11.2% YTD)

The Pure-Play Plant-Based Food Stocks Index has gone down, in total, by -2.6% so far in April and is down -11.6% YTD.  

*Please note: The 11 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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William K. 1 month ago Member's comment

An interesting schemeof listing both momentary changes and year-to-date changes, which creats interesting illusions sometimes.