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May 3, 2019 | Via CNBC

Beyond Meat Surges 163% in the Best IPO so far in 2019

In the strongest market debut so far this year, Beyond Meat shares surged 163% Thursday, giving the maker of plant-based meat substitutes a market value of $3.77 billion. On Wednesday night, Beyond priced its initial public offering at $25 per share, for an implied market value of $1.46 billion. Beyond’s meat alternatives, which range from fake ground beef to burger patties, are designed to more closely mimic the texture and taste of traditional meat.

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