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Plant-based protein companies riding wave

Plant-based protein makers are riding a wave. Impossible Foods is reportedly having a hard time keeping production on pace with demand and the stock price for Beyond Meat has been nearly five times higher than its initial offering. A report in Market Watch says analysts were more cautious following the run-up, and the Beyond Meat stock was lower, and later higher, in Thursday trading.

Meanwhile a story in Barron’s says growth of vegan demand at restaurants has created shortages of the Impossible Burger. It’s on menus in more than 9,000 restaurants.

Beyond Meat and Impossible Foods are rivals in the plant-based products marketplace.