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How Beyond Meat's Insane Post-IPO Run Stacks Up

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How Beyond Meat's Insane Post-IPO Run Stacks Up

Beyond Meat Inc (NASDAQ: BYND) shares rocketed higher by another 26 percent on Friday after the company beat expectations with its first public earnings report. Friday’s big gain continues the red-hot start to life on the public market for the the meatless burger maker after it held its high-profile IPO roughly one month ago.

Beyond Meat is on track to be one of the best high-profile IPOs of the past decade, with shares already up more than 400 percent from their IPO price.

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Benzinga took a look back to see how Beyond Meat’s performance in its first two months on the market compares to some of the other most eagerly anticipated IPOs of the past decade. Without a doubt, Beyond Meat is on track to have potentially the most profitable first two months of any high-profile IPO of the current bull market.

How Beyond Meat Stacks Up

For comparison, here’s a look at how Beyond Meat stacks up to other recent IPOs. Two-month performance for stocks that have not yet traded for a full eight weeks are market with an asterisk. "Current price" as of 1 p.m. ET, June 7.

Beyond Meat

  • IPO date: May 2, 2019
  • IPO price: $25
  • Two-month return: +414.8 percent
  • Current Price: $134.92

Twitter Inc (NYSE: TWTR)

  • IPO date: Nov. 7, 2013
  • IPO price: $26
  • Two-month return: +136.3 percent
  • Current Price: $38.18

GoPro Inc (NASDAQ: GPRO)

  • IPO date: June 25, 2014
  • IPO price: $24
  • Two-month return: +80.3 percent
  • Current Price: $5.94

Alibaba Group Holding Ltd (NYSE: BABA)

  • IPO date: Sept. 19, 2014
  • IPO price: $68
  • Two-month return: +69.2 percent
  • Current Price: $154.89

Pinterest Inc (NYSE: PINS)

  • IPO date: April 18, 2019
  • IPO price: $19
  • Two-month return: +40.3 percent*
  • Current Price: $27.35

Snap Inc (NYSE: SNAP)

  • IPO date: March 2, 2017
  • IPO price: $17
  • Two-month return: +29.3 percent
  • Current Price: $14.09

Square Inc (NYSE: SQ)

  • IPO date: Nov. 19, 2015
  • IPO price: $9
  • Two-month return: +5.2 percent
  • Current Price: $68.49

Uber Technologies Inc (NYSE: UBER)

  • IPO date: May 10, 2019
  • IPO price: $45
  • Two-month return: +0.2 percent*
  • Current price: $45

Lyft Inc (NASDAQ: LYFT)

  • IPO date: March 29, 2019
  • IPO price: $72
  • Two-month return: -15.4 percent
  • Current price: $61.05

Facebook, Inc. (NASDAQ: FB)

  • IPO date: May 19, 2012
  • IPO price: $38
  • Two-month return: -23.3 percent
  • Current Price: $173.51

Blue Apron Holdings Inc (NYSE: APRN)

  • IPO date: June 29, 2017
  • IPO price: $10
  • Two-month return: -48.3 percent
  • Current Price: 65 cents

Related Links:

A Beyond Meat Analyst's 7 Takeaways From Its First Post-Earnings Call

Beyond Meat Option Buyer Makes Big Bet Ahead Of Earnings

Posted-In: News Education IPOs Top Stories Movers Trading Ideas General Best of Benzinga

 

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