Beyond Meat Stock Spikes Higher on Expanded Distribution Deal

Beyond Meat Stock Spikes Higher on Expanded Distribution Deal

Shares of plant-based meat company Beyond Meat (NASDAQ: BYND) spiked higher on Tuesday morning after the company announced an expanded distribution deal with one of the largest retail chains in the world, Walmart (NYSE: WMT). Previously, the company's products were available at 800 Walmart locations; starting next week, they'll be sold at 2,400 of its stores.