Since then, its price ranged from a low of $48.18 during the coronavirus crash to a high of $234.90 in late July 2019. Beyond Meat Stock Split Historyīeyond Meat’s IPO was held May 2, 2019, and the stock sold for $25 per share. And now that the market is proven, food giants like Kellogg ( K), Hormel Foods ( HRL), Nestle, and Kroger ( KR) are looking for a cut. Even though it’s been around for over a decade, many people are still new to plant-based burgers.Īccording to a January 2020 Gallup poll, only 40 percent of Americans personally tried any plant-based meat. Pricing BYND stock under $100 per share would be a start, while a price of $15 per share would make it even more digestible. ( NYSE:TSN) trades for half the price, even though it has over twice the market cap. By lowering its stock price, Beyond meat could dodge the bullet -at least with newbie investors – of being perceived as overweight. One of the biggest concerns for investors is finding companies that are not trading at inflated share prices. There are several reasons for this, with the first being that it’s a more affordable-looking share price for retail investors. This way, the market capitalization stays the same.Īnd a 10-for-1 split is exactly what Beyond Burger may consider doing as its market cap approaches $10 billion. In return, each share is worth only one-tenth of the original share’s value. This move also devalues the shares by the same amount.įor example, in a 10-for-1 stock split an investor is issued 10 shares of the new stock for every one share owned of the old one. During a split, the company issues more shares to current shareholders. Let’s chew the facts of one of PETA’s favorite companies to see if it’s appetizing to customers in its current serving size.Ī stock split doesn’t fundamentally change a company’s value. This privately owned company launched its own plant-based meats while landing lucrative contracts like Burger King’s Impossible Whopper. While Beyond Meat gained a lot over the years, it also gained a competitor in the form of Impossible Foods. Soon, Beyond Meat was found in places like Whole Foods, Dunkin’ Donuts ( DNKN), Subway, and Denny’s.Īs the company continues to grow in popularity and revenue, investors wonder when will Beyond Meat stock split? Since then, it expanded into plant-based sausage while working on other meats. Beyond Meat Inc ( NASDAQ:BYND) created the world’s first plant-based hamburger, the Beyond Burger, in 2015.
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