(Bloomberg) — The growing threat of a meat shortage is helping to lift shares of plant-based protein manufacturer Beyond Meat Inc.The stock jumped 41% last week, its biggest weekly gain since going public last May. The advance followed news of food plant closures that could reduce the amount of pork and beef products available for U.S. shoppers in the near future.“The market’s taking that as if there’s a shortage out there; Beyond Meat can potentially benefit,” said Rupesh Parikh, a senior analyst at Oppenheimer & Co. who tracks food, grocery and consumer products.A surge in demand could provide some needed …read more
Source:: Yahoo Finance
