Beyond Meat Stock Soars as Results, Forecast Offer ‘Positive Surprise’


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Shares of Beyond Meat rose more than 20% Friday after the maker of plant-based meat alternatives posted fourth-quarter results and financial forecasts that one analyst called “a positive surprise.” 

Beyond Meat (ticker: BYND) on Thursday posted a loss of $1.05 a share and net revenue of $79.9 million, while analysts had been expecting a loss of $1.18 a share and revenue of $75.8 million, according to FactSet.