Why Beyond Meat Stock Popped 5% This Morning
On Wednesday morning, shares of Beyond Meat (NASDAQ: BYND) ran as much as 5.5% higher than where they closed Tuesday evening, before easing back to a still-respectable gain of 4.3% as of 12:28 p.m. EST.
Why? After entering China earlier this year, Beyond Meat has announced that it's expanding its offerings in the Middle Kingdom, creating a new "plant-based minced pork" product tailored to that market.
Image source: Getty Images.
Source Fool.com
