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Beyond Meat launching plant-based meatballs this week

Beyond Meat Inc. announced the launch of Beyond Meatballs on Monday, the company’s latest plant-based meat innovation rolling out at grocers this week. Beyond Meatballs are seasoned with Italian spices and are ready to cook. The new item will be found at Amazon.com Inc.’s Whole Foods grocery chain, Stop & Shop, Sprouts Farmers Market Inc. , Harris Teeter, Kroger Co. and Albertsons Cos. Inc. to start. Next month, the item will be made more widely available. This is the third Beyond Meat launch of 2020 after Beyond Sausage and Cookout Classic. A Beyond Meatball Shop Pop-up will be open on September 16 in Los Angeles and New York to give consumers in those cities an early taste. Beyond Meat stock has skyrocketed 78.4% for the year to date while the S&P 500 index is up 3.4% for the period.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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