
Beyond Meat Inc (NASDAQ:BYND) shares are trading higher by 9.82% at $39.02 following a report from Fast Company indicating Beyond Meat-based McPlant burger will become a permanent menu item at McDonald’s (NYSE:MCD). A subsequent Bloomberg report said McDonald’s denied the implications of the report.
Beyond Meat shares were initially halted for volatility at 2:20 p.m. ET, up 20%. Shares resumed out of the halt higher by 27% before a second volatility halt took place at 2:36 p.m. ET.