Beyond Meat Inc in a Billion-Dollar Market
Beyond Meat Inc (NASDAQ:BYND) is possibly the hottest initial public offering in 2019 and possibly the hottest stock on Wall Street. The meat substitute company's share price has soared 734% since going public in May at $25.00 per share-an astronomical, eye-watering number, whether you slice it on the bias or not. This has caused many investors to question whether or not Beyond Meat Inc, trading at $200.00 per share, is worth the high valuation.
But here's the rub: the stock market is a forward looking indicator. BYND stock may appear to be on an out-of-control trajectory (which, like any excellent stock, will.
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Beyond Meat Inc (NASDAQ:BYND) is possibly the hottest initial public offering in 2019 and possibly the hottest stock on Wall Street. The meat substitute company's share price has soared 734% since going public in May at $25.00 per share-an astronomical, eye-watering number, whether you slice it on the bias or not. This has caused many investors to question whether or not Beyond Meat Inc, trading at $200.00 per share, is worth the high valuation.
But here's the rub: the stock market is a forward looking indicator. BYND stock may appear to be on an out-of-control trajectory (which, like any excellent stock, will.
Den vollständigen Artikel lesen ...