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Beyond Meat shares fall after McDonald’s ends Canadian trial of meatless burger

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The “P.L.T.” sandwich is arranged for a photograph at a McDonald’s Corp. restaurant in London, Ontario, Canada, on Wednesday, Jan. 8, 2020.

Cole Burton | Bloomberg | Getty Images

McDonald’s has stopped testing a burger made with a Beyond Meat patty in Canada.

Shares of Beyond fell 7% in morning trading, while McDonald’s stock was trading down 1%.

In a tweet to a consumer asking about the burger, McDonald’s Canada said that the test ended April 6. The chain has no plans to bring back the item at this time.

“We can only comment generally and share that we were pleased with the test,” a Beyond spokesperson said in a statement to CNBC.

Beyond Meat CEO Ethan Brown told analysts in early May that…



Source cnbc.com

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