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Beyond Meat drops after Nestle says it’s launching a veggie burger

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Beyond Meat drops after Nestle says it’s launching a veggie burger

Beyond Meat, the plant-based burger maker, has some new competition.
On Monday, Nestlé said it is planning to launch its own plant-based burger in the US, sending Beyond Meat shares down as much as 5%. Beyond Meat has been the best-performing US IPO this y…
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