Day: June 11, 2020

Beyond Meat Pops 22% On Sinodis Food Distribution Partnership In China

Shares in Beyond Meat (BYND) soared 22% after announcing a partnership with food distributor Sinodis to further expand the reach of its famous plant-based beef in China. The news sent shares up 22% to $162.46 on Monday. The financial terms of the partnership weren’t disclosed. Sinodis, a subsidiary of French group Savencia, is a distributor