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Why Beyond Meat's Stock Is Trading Higher Today

Beyond Meat, Inc. (NASDAQ: BYND) shares are trading higher after the company launched an e-commerce site for its products.

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Beyond Meat, Inc. (NASDAQ:BYND) shares are trading higher after the company launched an e-commerce site for its products.

The new e-commerce site will feature access to a vast portfolio of signature plant-based meats, including all-new bulk packs, mixed product bundles, limited-time offers, trial packs and more. The direct-to-consumer site is a new and convenient way to experience Beyond Meat, the company said in a press release.

Beyond Meat is a food company that manufactures, markets, and sells plant-based meat products in the United States and internationally.

Beyond Meat's stock was trading up 6.83% at $134.09 per share on Thursday at the time of publication. The company has a 52-week high of $172.29 and a 52-week low of $48.18.