Why Beyond Meat Stock Just Popped 11%
Shares of imitation-meat maker Beyond Meat (NASDAQ: BYND) are getting a lift from fast-food giant McDonald's (NYSE: MCD) today, which just announced that next week, it will begin a 12-week trial run selling "a new plant-based burger called the P.L.T., which stands for Plant. Lettuce. Tomato," at 28 of its restaurants in southwestern Ontario.
Beyond Meat stock is up 10.8% as of 10:20 a.m. EDT in response to the news, and McDonald's shares are up 0.6%.
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Source Fool.com
