What Bulls And Bears Are Saying As BYND’s IPO Goes “Beyond” Parabolic

Though the global meat market is massive, as we noted above, competition is heating up. Impossible Foods recently announced a deal to bring non-meat burgers to Burger King, and even Tyson is developing its own plant-based meat products.

After yesterday’s surge, BYND looks like it may be priced to perfection. The meat of the matter is this: while the stock could certainly grow into its lofty valuation, the company’s successful IPO will ironically draw even more competition into the space, potentially planting the seeds for disappointment moving forward.

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Gary Anderson 9 months ago Contributor's comment

Beyond Meat is sort of Vegan. It is a high salt product in the Fast Food space. It should not improve the high salt bad reputation of the fast food industry.