Beyond Meat is a Los Angeles-based producer of plant-based meat substitutes founded in 2009. The company's initial products became available across the United States in 2012.
As of July 2019, Beyond Meat had a market value of US$11.7 billion, following a value of $3.8 billion on the day of its initial public offering, May 2, 2019.
According the Vox's Kelsey Piper, Beyond meat (and the plant-based market more generally) will likely perform well this year:
This prediction is really a proxy for, “Plant-based meats will continue to grow, consumer demand for them will remain strong, and the leading companies in the business will end the year in a good position,” and that seems likely to me. The trends that drove plant-based meat’s success in 2019 — consumer interest, concern with sustainability, and new, tastier plant-based options — are still in effect, and Beyond Meat is still enjoying name recognition and the benefits of being the most established purely plant-based company. I expect a good year for them. — KP
Will Beyond Meat outperform the S&P500 ETF, $SPY, in 2020?
This question resolves positively if, according to Google Finance $SPY gained less value (in percentage points) than $BYND, in the calendar year 2020. Note that we're only concerned in changes in prices here, not total returns (hence dividend payments will not directly count toward performance).
This question resolves ambiguously if Beyond Meat goes private, is acquired or otherwise merges with another company.