Diamonds and Dogs

4/21/20

Beyond Meat (BYND) is jumping 8% on reports that Starbucks plans to add Beyond Meat products to its menu in their over 3,300 stores in China beginning tomorrow. Both companies have already partnered to roll out a plant-based sandwich to Canadian locations. More than 95% of the Starbucks stores in China are currently operational.

Xerox Holdings (XRX) is trading lower by 5% not far from a 52 week low even as the company is leveraging its manufacturing capabilities and in-house materials expertise to produce approximately 140,000 gallons of hand sanitizer by June 2020, an initiative focused on helping to save lives during the current global health crisis.