Seeking Alpha

McDonald's expands Beyond Meat burger trial

|About: McDonald's Corporation (MCD)|By: , SA News Editor

McDonald's (NYSE:MCD) is expanding its pilot of Beyond Meat (NASDAQ:BYND) burgers to 52 restaurants across Canada after rolling out the plant-based meat burgers in 28 local outlets in October.

The news comes after rival Impossible Foods said it won't be able to partner with the Golden Arches until the company is able to scale up production.

Shares of Beyond Meat rose 12.4% on Tuesday.