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Stock impact report

McDonald's tests McPlant meatless burger at a handful of locations [CBS News]

Beyond Meat, Inc. - Common stock (BYND) 
Last beyond meat, inc. - common stock earnings: 2/27 04:05 pm Check Earnings Report
Company Research Source: CBS News
McDonald's will offer its first vegetarian option in the U.S. next month, taking its new McPlant meatless burger for a test drive on U.S. menus, the fast-food giant announced Thursday. "Eight McDonald's restaurants across the U.S. will be testing the McPlant for a limited time starting Nov. 3 while supplies last," McDonald's said in the announcement. The test locations are spread out among seven cities and four states and are El Segundo and Manhattan Beach, California; Cedar Falls, Iowa; Jennings and Lake Charles, Louisiana; and Irving and Carrollton, Texas. The McPlant patty is made of "plant-based ingredients like peas, rice and potatoes" and is co-developed with Beyond Meat, maker of the Beyond Burger and other meat-mimicking products such as plant-based sausage and chicken, McDonald's said. Beyond Meat stock rose nearly 5% to $109.60 a share on the announcement before wilting to $105.10 a share. McDonald's take on a plant-based burger, designed to appeal to meat lovers as Show less Read more
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