It is a fortune for profits.
There’s an actual press release, not just a push from Reddit, to explain why Beyond Meat is launching early morning trading Tuesday (Don’t worry Reddit, I’ll be saving rocket ships for GameStop, BlackBerry, Bed Bath & Beyond (BBBY) – Get a report.)
But first, Jim Cramer has a message for WallStreetBets investors: You’re a genius, but there’s a lot you miss while watching GME.
Watch Cramer go down the Reddit rabbit hole … while doing a home COVID test in the video below:
So, let’s dive into the news.
“Plant proteins represent an exciting growth opportunity for us, and it is a new frontier in our efforts to build a more sustainable diet and be a positive force for people and the planet while satisfying consumer demand for an expanded range of nutritious products,” said Ram Krishnan, Commercial President of PepsiCo Global. “Beyond Meat is a cutting-edge innovator in this fast-growing segment, and we look forward to combining their unparalleled expertise and our world-class capabilities in brand building, consumer insights, and distribution to deliver exciting new options.”
And to my Reddit balance, there was also some news about BlackBerry this morning, as the company announced an expanded partnership with Baidu.
Streets Martin Baccardax wrote, “Within the framework of the expanded partnership, the high-resolution Baidu map will be integrated with the real-time operating system of BlackBerry QNX Neutrino. The integrated system will be mass-produced and available in the upcoming GAC New Energy Aion from Guangzhou Automobile Group. Models, Baidu said. In a statement. “
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Daniel Kuhn contributed to this article.
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