Beyond meat on its stock market in 2019

On May 2, Beyond Meat became the first vegan meat processing company to be made public – significantly. The vegan brand was initially expecting a stock price of between $ 19 and $ 21, which will then rise to $ 25, with the interest of early investors increasing, which opens Thursday morning at $ 46 per barrel. action. The success of Beyond Meat throughout its first day of trading – which has seen a rise in stock prices of up to 163% – makes it the best-performing stock of the first day of the year, beating last month launch of Silk Road Medical Inc. on the NASDAQ. Beyond Meat has earned $ 241 million from the sale of 9.63 million shares and is currently valued at 3.8 billion USD. Beyond Meat's IPO is the most successful before the 2008 financial crisis in the category of companies that raised $ 200 million from the public.