McDonald’s to debut new plant based burger

Beyond Meat shares spiked after McDonald’s announced Thursday that it will test the plant-based burgers in a handful of restaurants in Canada. Beyond Meat’s stock price jumped more than 11%, closing at about $154 a share. McDonald’s said it will sell what it calls the “P.L.T.” — for plant, lettuce and tomato — sandwich for 12 weeks starting September 30 in 28 restaurants throughout Ontario, Canada.

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