Here's Why Beyond Meat Soared 77.2% in the First Half of 2020

Here's Why Beyond Meat Soared 77.2% in the First Half of 2020

Shares of Beyond Meat (NASDAQ: BYND) rose over 77% in the first six months of the year, according to data provided by S&P Global Market Intelligence. The effects of the coronavirus pandemic will cause an immediate shift in product mix from foodservice sales to consumer sales, which could stunt growth in the near term. Can the growth stock continue rising heading into second-quarter 2020 earnings results?