Beyond Meat Bucks the Selloff, Climbs Midday

Beyond Meat Bucks the Selloff, Climbs Midday

May 13, 2019

Among all the red arrows today there was one standout in green as Beyond Meat bucked the trade-related selloff to rise in midday trading.

Beyond Meat shares rose 5%, bouncing back from its selloff last week.

Shares are still well above its IPO price of $25 per share, trading around $70.

China put tariffs on more than 5,000 U.S. goods, including beef.

The S&P 500 consumer discretionary sector was flat midday.

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