Beyond Burger in Store

© Beyond Meat

Stock market

Beyond Meat Stock at Highest Point in 52 Weeks on Frankfurt Stock Exchange

This Tuesday morning (18th April), Beyond Meat stock jumped 1.4 percent in Frankfurt trading, hitting a high for the day at €13.37, as Germany continues at the forefront of animal meat reduction. Beyond Meat stock reached its highest point in 52 weeks (since April 28, 2022), although the stock currently trades 68.77 percent below its 52-week high. Furthermore, the current Beyond Meat share price is 26.72 percent higher than the low point reached on December 29, 2022, as explained by finanzen. Diminished losses in Q4 Beyond Meat declared its Q4 2022 results at the end of February, reporting diminished losses and revenue that surpassed expectations. The news sent Beyond shares soaring by 15 percent in after-market trading.  CEO Ethan Brown, said upon sharing the Q4 results: “We …

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Grillido hybrid

© Grillido

Investments & Acquisitions

BENEO Buys 14% Stake in Grillido, Producer of Hybrid, Vegetarian & Vegan Products

BENEO, a leading manufacturer of functional ingredients, announces it is taking a 14% stake in German startup Grillido, a producer of hybrid, vegetarian and vegan products, marking the next step in the company’s plant-based protein strategy. Munich-based Grillido is focused on the development, production, marketing and distribution of meat alternative products, as well as other products linked to BBQ foods, and employs around 30 staff. Next to e-commerce, its multi-channel sales approach also covers retail and foodservice sales. The development follows several steps in the plant-based arena from BENEO. In May of 2022, the company revealed plans for a new €50 million fava bean processing plant to strengthen its portfolio and meet the growing demand for plant-based proteins. Just days later, BENO announced the acquisition …

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Beyond Investing

© Beyond Investing

Investments & Finance

Sponsored Post

Invest In High Growth Plant-based Companies With Beyond Investing’s Vegan World Index

World’s first targeted exposure to vegan companies with accelerating sales provided by Beyond Investing, the vegan investing pioneers, via its Swiss-listed Vegan World Index Certificate. Supermarket shelves in the current climate are bursting with plant-based food in every aisle. Fast food outlets, high street cafes, and chain restaurants are all consistently introducing vegan options. But how to direct your investments towards the animal-free economy?  Surely if all these companies are launching products and increasing sales, it must be possible to invest in them and profit from their growth? Whilst a few of these companies might be found in a conventional investment fund, they’ll sit next to meat and dairy producers, whose profits are under threat from changing consumer preferences. That’s why Beyond Investing, which made …

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Else

Image courtesy of Else Nutrition

Company News

FinancialNewsMedia Releases Hottest Plant-Based Stock to Watch in 2020

Financialnewsmedia.com has released a press release listing the best plantbased stocks to watch this year, citing the fact that fast food giants like McDonald’s, Burger King, White Castle, and Dunkin, are creating sizable opportunity for various other companies either in or joining the plantbased market.

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