S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
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S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold

McPlant and more: Beyond Meat inks McDonald's, Yum deals

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EL SEGUNDO, Calif. (AP) — Plant-based food company Beyond Meat will be partnering with several major fast food chains in the coming years to expand offerings that could eventually include plant-based burgers, chalupas or toppings on a stuffed-crust pizza.

Beyond Meat on Thursday announced distribution agreements with McDonald's as well as with Yum Brands, the parent company of KFC, Taco Bell and Pizza Hut.

The company based in El Segundo, California, said it will develop plant-based products for all the restaurants, with exclusive menu items for each brand.

Beyond Meat had limited partnerships with McDonald's and Yum Brands before, testing its products in limited geographies or with only an item or two. The companies are now expanding those ties.

Chicago-based McDonald's will use the Beyond Meat partnership to roll out what it is calling the “McPlant” burger, as well as eventually plant-based pork, egg and chicken products.

Yum will use Beyond Meat to expand its “Beyond Fried Chicken” products, as well as pizza toppings at Pizza Hut. Yum, which is based in Louisville, Kentucky, did not lay out specific menu options for Taco Bell.

Plant-based food products that are designed to imitate meat have grown in popularity in the last few years and several large restaurant chains are now experimenting with food science to make healthier and more environmentally friendly products for customers. Burger King has partnered with Impossible Foods to provide products that use plant-based products as well.

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Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Yum! Brands (YUM)
4.2181 of 5 stars
$138.50+0.5%1.94%24.78Hold$145.00
McDonald's (MCD)
4.9237 of 5 stars
$271.99+0.4%2.46%23.51Moderate Buy$319.72
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