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Beyond Meat Inc. (BYND) stock soars during current market. What is behind the hike?

GILD Stock

GILD Stock

Beyond Meat Inc. (NASDAQ: BYND) stock gained by 9.44% in the current market trading session. BYND is one of the best-growing food companies in the United States, with a range of ground-breaking plant-based proteins derived from basic ingredients that are free of GMOs, bioengineered chemicals, hormones, antibiotics, and cholesterol.

What is happening?

BYND has announced the release of Canada’s 1st value 6-pack of its popular Beyond Burger®. The 6-pack of tasty plant-based burger patties, which are neatly refrigerated and excellent for summer cookouts, outdoor BBQs, and last-minute grill evenings, is now available at major grocery stores throughout Canada.

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Because they are marketed in the frozen meat aisle and have a retail value of $19.99 CAD ($3.33 per burger), the new 6-pack delivers delicious taste as well as enhanced convenience and value for buyers. The Beyond Burger combines the juicy, delectable flavor and texture of animal protein with the different nutritional benefits of plant-based protein to give Canadians the best of both worlds. The Beyond Burger is manufactured without GMOs, soy, gluten, or cholesterol and has 20 grams of protein produced from basic, plant-based ingredients. It has 35% less saturated fat than ground beef and has no GMOs, soy, gluten, or cholesterol.

Through a social media promotion, Beyond Meat and prominent Canadian brewery Collective Arts Brewing are partnering together to give one fortunate fan the opportunity to win a summer’s supply of 6-pack Beyond Burgers and beers.

Heena Verma, Marketing Director, Canada, Beyond Meat said:

Beyond Meat is delighted to debut the Beyond Burger 6-pack countrywide at a more accessible price point as the weather heats up and Canadians light up their grills for outdoor BBQs, allowing Canadians to Eat What You Love while reaping the nutritional and environmental advantages of plant-based protein. And because a juicy, chargrilled plant-based burger paired with an ice-cold beer is the quintessential Canadian summer pairing, BYND is happy to be teaming up with iconic Canadian brewery Collective Arts Brewing to mark the debut.