Beyond Meat shares climbed 5% Tuesday after the company announced an expansion of its product offerings atWalmart .- Beginning this week, it will be offering its Beyond Sausage Hot Italian to more than 400 Walmart stores.
- Beyond Meat will also be expanding the frozen Cookout Classic value-pack.
- $4
$4 shares climbed 5% Tuesday after the plant-based meat producer announced it is expanding its product offerings at Walmart.
Beginning this week, the Los Angeles-based
Beyond Meat's partnership with the retail giant started in 2015. The increased distribution, the $4, is part of Beyond Meat's effort to meet consumers' demands for plant-based products as more people become more health and environmentally conscious. The pandemic has also contributed to the rise in demand as more people cook at home.
Beyond shares climbed 2.37% to $138.50 as of 2:48 PM ET.