Earnings Results: Beyond Meat stock soars after first earnings report

A previous version of this story misstated Beyond Meat’s revenue from the year-ago quarter.

Bloomberg News
Beyond Meat went public in early May.

Beyond Meat could extend its recent rally, with shares of the maker of meat alternatives surging in after-hours trading Thursday after the company delivered an upbeat outlook in its first-ever earnings report as a public company.

The stock BYND, -3.02% shot up 16% in after-hours trading.

While expectations were high for Beyond Meat heading into the first-quarter report, given the stock’s massive appreciation since its initial public offering a month ago, the company’s outlook satisfied Wall Street’s appetite.

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