May 3, 2019
Above and Beyond: CEO Ethan Brown speaks before the Nasdaq opening bell.
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Beyond Meat turned its first quarterly profit and raised its year-end growth forecast.
The El Segundo-based company’s shares, which saw their initial price jump to more than $230 from $25 since the company's Wall Street debut three months ago, stumbled in the day following the company's July 29 earnings report to below $200.
Shares for El Segundo-based Beyond Meat Inc. soared more than 15% in afterhours trading after the company beat analysts’ expectations.
RETAIL: Meatless burger brand’s shares soar at IPO; market cap $3.8B on May 2
Banner day for Beyond Meat as it goes public.