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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