Beyond Meat BYND stock opened at just above $200 a share — a more than 700% pop from its initial public offering price of $25 -- before pulling back to around $170. That still values Beyond Meat at more than $10 billion. The stock plunged briefly last week after an analyst at JPMorgan questioned the company's valuation, saying that Beyond Meat stock had moved "beyond our price target." Still, many analysts remain skeptical about Beyond Meat on Wall Street. The company is not yet profitable and reported just $40 million in quarterly sales earlier this month.

Source: CNN June 18, 2019 13:55 UTC