Beyond Meat gains after co taps Amazon veteran as CFO

BYND Cannasoft Enterprises

04/06/2021 19:22

** Beyond Meat  BYND.O  shares on Fri up 1.7% at $145.43,
after hitting session high of $147.76, as co names new finance
chief
    ** Plant-based meat maker on Fri named Amazon.com  AMZN.O 
veteran Phil Hardin as its CFO, replacing Mark Nelson who
retired in May  urn:newsml:reuters.com:*:nL3N2NM35E
    ** Hardin to join BYND in July after 15-yr stint at AMZN
    ** BYND also named Deanna Jurgens as chief growth officer
and Margaret Trask as chief people officer
    ** With move on Fri, BYND shares up ~16% YTD vs Nasdaq's
 .IXIC  ~7% gain
    ** Avg rating among 19 analysts on BYND is "hold" and median
PT is $120.50, per Refinitiv data

 (Lance Tupper is a Reuters market analyst. The views expressed
are his own)
 ((lance.tupper.tr.com@reuters.net
lance.tupper@tr.com 1-332-219-1430))