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Beyond Meat shares skyrocket over 90% on Walmart plans to expand distribution

Shares of Beyond Meat leaped more than 90% in active trading on Tuesday after the plant-based meat maker announced plans to expand distribution into Walmart stores.Beyond Meat said some of its products, including its “Beyond Burger 6-pack” and “Beyond Chicken Pieces,” will be available in 2,000 Walmart stores nationwide.The company’s shares jumped as high as 2.98 followingthe news,givingitamarketvalueofabout2.98 following the news, giving it a market value of about 1.5 billion and putting it on track for a fivefold surge from last Thursday’s close of 52 ...