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published in Blogs
Jan 20, 2022
Beyond Meat (BYND, $65.43) plant-based burger test to be expanded by McDonald's

Beyond Meat (BYND, $65.43) plant-based burger test to be expanded by McDonald's

Beyond Meat shares climbed higher Thursday, after McDonald's announced that it would expand the test market for its plant-based burger next month onwards.

McDonald's said it would begin offering the McPlant created in collaboration with Beyond Meat, at around 600 test locations in U.S. restaurants, beginning on February 14. Location would mostly be in and around San Francisco and Dallas.

McDonald's started testing the McPlant in November.

The deal follows Beyond Meat's recent marketing partnerships with PepsiCo  and YUM! Brands.

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