After Beyond Meat raised about $240 million selling 9.6 million shares at $25 each, the stock rocketed to a close of $65.75 a share on the Nasdaq stock market. The 163% jump was the best debut of any U.S. listing since at least 2008 among initial public offerings that raised at least $200 million, and it gave the company an overall value of about $3.8 billion.

Source: Los Angeles Times May 02, 2019 16:41 UTC