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Beyond Meat, Lyft Slide Claps as Mood on the Street Current IPOs



(Bloomberg) – Stocks of recent listed companies, such as Beyond Meat Inc. and Lyft Inc., are impacted by the mood on Wall Street over the weekend as investors weakened the prospect of a US trade war with China.

As the S & P 500 index fell 1.3 percent at 9:50 am, Wall Street favorite Beyond Meat – the producer of burgers on an operating basis – has won its IPO for $ 25 has more than doubled after just two trading days late last week – an underperformance. in the trade on Monday even fallen by 6.4 percent.

Zoom Video Communications Inc. shares are down 5.9 percent. Lyft crashes by 4.2 percent. If sentiment does not change soon, this may be bad for key competitor Uber Technologies Inc. when Uber's IPO on Thursday

(stock updates continuously updated.)

To contact the reporter on this story: Cristin Flanagan in New York at [email protected]

To contact the editors responsible for this story: Catherine Larkin at [email protected], Scott Schnipper

For more articles of this nature, visit bloomberg.com

© Bloomberg LP of 2019


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