Beyond Meat launching limited-time plant-based burger at 210 KFC China locations

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Beyond Meat Inc. shares rose 1.3% in Monday premarket trading after the plant-based meat company announced the limited-time launch of the Beyond Burger at 210 KFC locations in China. KFC is part of the Yum Brands Inc. portfolio, and Yum China Holdings Inc. has the exclusive rights to operate Yum Brands restaurants in the country. Beyond Meat and KFC first tested the Beyond Burger at select China locations over the summer. It will be available more widely for three weeks. Beyond Meat stock has soared nearly 158% for the year to date. Yum China stock is up 12.5% for the period. And the benchmark S&P 500 index has gained 7.6% for the period.
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