CFD shares on Shopify and Beyond Meat are now available
Source: Pixabay.com | Photographer: StockSnap
We are happy to inform you that we are expanding our instrument portfolio by adding Beyond Meat and Shopify shares as CFDs.
Beyond Meat (BYND) is a US company established in 2009 in Los Angeles, California. It produces plant-based meat substitutes which are being sold in the USA since 2013. As of 2016, the plant burger patty is also offered internationally. Currently Beyond Meat offers beef, pork meat, chicken meat, and sausage substitutes.
One curious thing to note here is that, in just less than a month after the company’s initial public offering in May 2019, the price of Beyond Meat’s shares skyrocketed by 400%.
Shopify (SHOP) is a Canadian company established in 2004 that offers retail software. Its creators initially wrote the software to manage Snowdevil — their online ski equipment business at the time. In 2006, they released the stand-alone platform for online retail businesses under the brand Shopify.
The platform includes a suite of services suitable for small online merchants, such as payment, marketing, shipping and customer engagement tools. It also offers solutions for brick and mortar stores.
According to data released by the company, by the end of 2018 Shopify had 800 000 active customers in 175 countries which, in turn, used their tools to sell goods totalling $41.1 billion.