Beyond Meat rises after McDonald’s UK&I announces ‘Double McPlant’

McDonald’s UK&I (MCD) announced earlier the launch of the Double McPlant in all UK & Ireland restaurants from Wednesday January 4, "just in time for those taking part in Veganuary or those who just simply crave a tasty new burger from McDonalds." The company stated: "The undeniably delicious McPlant, which took over three years to develop, features a patty co-created with Beyond Meat and has already proved wildly successful with customers since its launch in September 2021. It’s no secret that people went wild for the taste, with many taking to Twitter to express their desire for a doubled-up version." In Thursday morning trading following the launch announcement, shares of Beyond Meat (BYND) are up $1.49, or 13%, to $12.84. Reference Link