Plant-based protein makers are riding a wave. Impossible
Foods is reportedly having a hard time keeping production on pace with demand
and the stock price for Beyond Meat has been nearly five times higher than its initial
offering. A report in Market Watch says analysts were more cautious following
the run-up, and the Beyond Meat stock was lower, and later higher, in Thursday
trading.
Meanwhile a story in Barron’s says growth of vegan demand at restaurants has
created shortages of the Impossible Burger.
Continue reading Plant-based protein companies riding wave at Brownfield Ag News.
