Beyond Meat Has Top IPO of 2019

Beyond Meat Has Top IPO of 2019

The vegan meat company—the first of its kind to be traded publicly—is now valued at $3.8 billion. 


On May 2, Beyond Meat became the first vegan meat company to go public—and it did so in a big way. The vegan brand initially expected its stocks to be priced between $19 to $21, which later rose to $25 as early investor interest grew and opened on Thursday morning at a whopping $46 per share. Beyond Meat’s success throughout its first day of trading—which saw surges in stock prices up to 163 percent—makes it the top performing first-day stock of the year, beating out last month’s launch of Silk Road Medical Inc. on NASDAQ. Beyond Meat secured $241 million from the sale of 9.63 million shares and is currently valued at $3.8 billion. In the category of companies who have raised $200 million from going public, Beyond Meat’s IPO is the best performing since before the 2008 financial crisis.

Share this

Looking for the best vegan recipes? Then you're going to LOVE our award-winning magazine!

Subscribe Now