Could Tyson Foods’ Plant-Based Nuggets Be the Beyond Meat Killer?19.2

By CCN Markets: Beyond Meat stock tumbled 4% in today’s pre-market trading following the announcement of a new competitor – Tyson Foods. The poultry powerhouse is set to enter the meatless arena later this summer, beginning with a plant-based “chicken” nugget. Beyond Meat investors pulled it together. The stock price is already back in the green for the day. Tyson Foods Is a Powerful Foe Previously an investor in Beyond Meat, Tyson Foods sold its stake in April just before the company went public. The investor-investee relationship between the two took a turn for the worse once Tyson decided to create

The post Could Tyson Foods’ Plant-Based Nuggets Be the Beyond Meat Killer? appeared first on CCN Markets

Original source
https://www.ccn.com/tyson-foods-plant-nuggets-beyond-meat/

Add comment

Please Sign in to be able to leave comments.