According to a Marketwatch story, Impossible Foods prepping for $10 billion IPO
The demand for meatless burgers has been growing steadily and chains like McDonalds, BK and others have been signing deals with these meatless-meat companies.
However, growth for the next few years is priced in at the current valuation. After its 2019 IPO, BYND stock has been swinging between $130 and $200. If Impossible Burger is able to do the impossible by raising $10 B, would it end up diluting the demand for BYND stock further?
Submitted April 11, 2021 at 11:54PM by problem_solver1 https://ift.tt/3t9Uhdv
