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0.000745712155108112 0.00223713646532447 0.0082028337061895 0.00223713646532447 0.00223713646532447 0.00223713646532447 0.00223713646532447 0.00223713646532447
Stock impact report

Exclusive-Impossible Foods CEO says company will raise cash with or without IPO [Yahoo! Finance]

Beyond Meat, Inc. - Common stock (BYND) 
Last beyond meat, inc. - common stock earnings: 2/27 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
could include a public offering in the next two to three years, CEO Peter McGuinness told Reuters on Monday, as alternative meats fight to win back fickle consumers. McGuinness said the food manufacturer was also considering a sale to another company or a capital raise in the same time period. "I don't want to be pigeonholed into an IPO," he said. Meat alternatives like Impossible and rival Beyond Meat soared in popularity during the pandemic, winning distribution deals with fast-food chains, including McDonald's and Yum Brands. Impossible's patty is in the Impossible Whopper at Burger King. Impossible had been preparing for a public offering that could have valued it at $10 billion or more in 2021, Reuters reported. The company also raised $500 million in late 2021. But consumers facing record levels of food inflation have since turned to cheaper options like canned meats. Shares of Beyond Meat have lost nearly all of their value since it went public in 2019. McGuinness d Show less Read more
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