E The Plant-Based Food Stocks Index Has Increased 37% YTD
The new Pure-Play Plant-Based Food Stocks Index* tracks the 8 stocks in the fledgling plant-based fake meat, dairy, eggs, and seafood sector and said index is up 36.8% YTD.
Below are links to recent articles on each company followed by their stock performances for the first 3 weeks of January and the latest news on every company.
Every company name has been hyperlinked to a previous article on the company and every company trading symbol has been hyperlinked to provide stock charts, in-depth financial data, and links to other articles on the company to enable the reader to do their due diligence before making a decision to invest in this sector. All currency amounts are in U.S. dollars unless noted otherwise.
Constituent Introductions and Stock Performance Comparisons
The Index is divided into two categories – those five (5) trading for less than US$10/share and those two (3) trading at much higher prices – to provide more meaningful comparisons and conclusions as to the performance of the Index.
- The Very Good Food Company Inc. (VRYYF) +14.1% to $5.57/share
- announced that it has officially taken custody of the Rupert (Vancouver) production facility, initially announced on November 11, 2020.
- announced that it has signed a non-binding letter of intent for the acquisition of all the shares of The Cultured Nut Inc., a plant-based cheese company located in Victoria, British Columbia.
- Modern Meat Inc. (SUVRF) -4.1% to $3.07/share
- no news
- Else Nutrition (BABYF) -12.3% to $2.77/share
- no news
- Plant&Co. Brands (VGANF) +41.5% to $0.58/share
- announced that it has acquired YamChops which specializes in the preparation, distribution, and retail sales of 17 proprietary plant-based meats, chicken, pork, fish, and various other vegan style food products in both a business-to-business (B2B) and business-to-consumer (B2C) revenue models.
- Eat Beyond Inc. (EATS) +479.4% to C$4.12/share
- announced that it has completed an investment in Above Food Inc., a company that develops and distributes premium, whole plant alternatives to meat and dairy.
- announced that it has joined Plant-Based Foods of Canada (PBFC).
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