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Beyond Meat Skyrockets in Debut

IPO excitement is in full swing with Beyond Meat debuting with a 150% gain. Last week the company said it would price shares shares between $19 and $21, today it trades at $71. This was the biggest IPO for a US company of a market cap of over $200 million since the dot-com bubble. The company plans to use proceeds from the IPO to expand US operations, establish European and Asian manufacturing centers as well as expand marketing efforts. For Stock Market News & Analysis, visit Smart Money Gains.

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