McDonald’s reveals McPlant line-up, Beyond Meat tanks

McDonald’s announcement about its new McPlant line has spooked Beyond Meat investors. Many dumped shares in response to questions about whether the company would be supplying the plant-based patties to the fast-food chain.Q3 2020 hedge fund letters, conferences and moreMcDonald’s announces McPlant lineMcDonald’s announced its new McPlant line of meat alternatives products, which will launch next year. The line-up will include plant-based burgers, chicken substitutes and breakfast sandwiches. According to the BBC, the fast-food chain already tested a plant-based burger in Canada in partnership …

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