Shares of Beyond Meat Inc. (BYND) rallied 2.2% in midday trading Thursday, after the plant-based meat company said it's Beyond Meatballs will be sold nationwide in select Costco Wholesale Corp. (COST) stores this week. The Beyond Meatballs will be available for a suggested retail price of $9.99 for a package of 24 meatballs. The Beyond Meatballs are made from plant-based ingredients, with no GMOs, soy or gluten. Beyond Meat's Beyond Burger had entered Costco stores in late 2019. The stock has soared 87.3% year to date, while the S&P 500 has gained 13.9%.
-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com
(END) Dow Jones Newswires
December 03, 2020 11:31 ET (16:31 GMT)
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