Shares of Beyond Meat Inc. /zigman2/quotes/211617595/composite BYND +1.55% inched 0.33% higher to $104.99 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index /zigman2/quotes/210598365/realtime COMP -2.23% rising 0.73% to 14,571.64 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -2.53% falling 0.00% to 34,377.81. This was the stock's third consecutive day of gains. Beyond Meat Inc. closed $116.01 short of its 52-week high ($221.00), which the company reached on January 26th.
The stock underperformed when compared to some of its competitors Wednesday, as Mondelez International Inc. Cl A /zigman2/quotes/201769764/composite MDLZ -1.74% rose 0.49% to $59.96 and Unilever PLC ADR /zigman2/quotes/204685760/composite UL +0.75% rose 1.32% to $52.97. Trading volume (1.6 M) remained 589,460 below its 50-day average volume of 2.2 M.