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Beyond Meat at risk as competitors like Impossible Burger take root

Reuters
Products from Beyond Meat Inc, the vegan burger maker, are shown for sale at a market in Encinitas, Calif.

Investors want another helping of Beyond Meat Inc. stock, with shares up another 12.6% in Wednesday trading, but competition in the plant-based and meat-alternative categories could take a bite out Beyond Meat’s stratospheric growth.

Since going public last month, Beyond Meat’s BYND, +12.64% stock was up 116% as of Wednesday’s close and has hit the “short-squeeze trifecta” as lending fees continue to go higher.

But Beyond Meat isn’t the only plant-based meat on the market, and it’s facing risks from the competition.

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