Pure-Play Plant-Based Food Stocks Index Gives Back Gains Made Last Week - And More
The new Pure-Play Plant-Based Food Stocks Index* tracks the price performance of the 5 stocks in the fledgling plant-based fake meat, dairy, eggs, and seafood sector. Below are the links to recent articles on each company followed by their stock performances for the past 3 days as compared to the previous abbreviated Christmas week (see here);
Constituent Introductions and Stock Performance Comparisons
The Index is divided into two categories – those three (3) trading for less than US$10share and those two (2) trading at much higher prices – to provide more meaningful comparisons and conclusions as to the performance of the Index. Last week's performances are in brackets
- The Very Good Food Company Inc. (VRYYF)
- -13.6% (+4.4%)
- Award Winning Modern Meat Inc. Is Disrupting The Traditional Meat Industry (SUVRF)
- N/C (+9.2%)
- Else Nutrition: Plant-Based Food Products For Young Children (BABYF)
- +4.3% (+13.1%)
Average Sub-Total Performance: -5.4% (+8.0%)
- Laird Superfood Inc. Capitalizing On Rapid Growth In Plant-Based Foods (LSF)
- -10.1% (+24.5%)
- Q3 Financial Report Shows How Hard COVID-19 Affected Beyond Meat Inc. (BYND)
- -7.4% (-5.6%)
Average Sub-Total Performance: -9.2% (+1.6%)
In addition, we are also tracking the performance of Eat Beyond Inc. which was listed on the Canadian Securities Exchange on Wednesday, November 17th at C$0.78. The company invests in companies developing and commercializing innovative alternative meat, seafood, eggs, and dairy food products and companies that offer vegan packaging supplies and services to the sector. There are currently 7 companies in its portfolio of which only The Very Good Food Company (also a constituent in the munKNEE Pure-Play Plant-Based Food Stocks Index) is publicly traded.
- New! Check Out The Eat Beyond Inc. Vegan Food Fund (EATS)
- +14.3% (+15.5%)
*Please note: The 5 pure-play stocks in the munKNEE Pure-Play Plant-Based Food Stocks Index are just that, pure, 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.
Visit munKNEE.com and register to receive our free Market Intelligence Report newsletter (sample more