Stock Market
Wednesday, May 15, 2019 - 15:34
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Beyond Belief? Beyond Meat Jumps Again, Tops $90 - Never underestimate the demand for plant-based meat substitutes, even with doughnuts.

Beyond Meat (NASDAQ:BYND) jumped again midday, setting a new all-time high of more than $90 just a couple of weeks after pricing its IPO at $25.

Shares rose 10.2%, earlier setting an all-time high of $92.39.

Restaurant Brands International (NYSE:QSR) said today that it would be testing the Beyond Breakfast Sausage in sandwiches at about 60 Tim Hortons locations.

Among other big-name recent IPOs, the ride sharers finally caught a bid.

Uber (NYSE:UBER) rose 2.3% and Lyft (NASDAQ:LYFT) climbed 5.8%.

© Reuters.