Business
Beyond Meat vs. Shake Shack
This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.
Many restaurant chains and food companies got squashed by the pandemic in 2020. But their businesses — and their stock prices — could be headed for a comeback this year. Beyond Meat Inc (NASDAQ: BYND) was an initial public offering (IPO) darling in 2019, but its growth was undercut as the foodservice industry slumped amid the crisis. Shake Shack Inc (NYSE: SHAK) was also making progress until COVID-19 hit. But what investors need to think about now are their future prospects.
Modern takes on old classics
Beyond Meat, maker of plant-based patties and other meat alternatives, had a standout debut on the stock market in…
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