Beyond Meat Trades Up After Tim Hortons Announcement
Business Insider reports Beyond Meat's stock has gotten another large boost.
Shares of the plant-based meat company traded up as much as 16% Wednesday after the company announced Tim Hortons across Canada would serve three different kinds of breakfast sandwiches with its product.
On Tuesday, shares had fallen 25% after JPMorgan's Ken Goldman cut his rating to "neutral.
More and more fast-food chains are adding vegan items to menus to meet the growing demand for plant-based meat alternatives.