Beyond Meat Inc. stock outperforms market on strong trading day

Beyond Meat Inc. stock outperforms market on strong trading day

Shares of Beyond Meat Inc. BYND, +2.88% rose 2.88% to $104.64 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index COMP, -0.14% falling 0.14% to 14,465.92 and Dow Jones Industrial Average DJIA, -0.34% falling 0.34% to 34,378.34. This was the stock’s second consecutive day of gains. Beyond Meat Inc. closed $116.36 below its 52-week high ($221.00), which the company reached on January 26th.

The stock outperformed some of its competitors Tuesday, as Mondelez International Inc. Cl A MDLZ, +0.42% rose 0.42% to $59.67 and Unilever PLC ADR UL, -0.42% fell 0.42% to $52.28. Trading volume (1.9 M) remained 245,473 below its 50-day average volume of 2.2 M.

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