Beyond Meat (BYND) was up more than 12% on Wednesday on news Canadian fast-food chain Tim Hortons is testing the company's meatless "sausages" on breakfast menus in certain stores.
Shares of Beyond Meat -- which just went public earlier this month -- were trading around $87.50 on Nasdaq after Tim Hortons, which is owned by Restaurant Brands International (QSR) , promoted the news in a press release in Canada.
The chain will have "select stores" test three new breakfast options made with the plant-based Beyond Meat Breakfast Sausage patty, starting Wednesday, said Tim Hortons.
The options are the Beyond Meat Breakfast Sandwich, Beyond Meat Farmers Breakfast Wrap and a Beyond Meat Vegan Sandwich.
The company promised the meals will taste just like meat, allowing "vegans and meat lovers alike, to enjoy the taste and satisfaction of a breakfast classic they know and love, without sacrifice."
In the release, Ethan Brown, founder and chief executive of Beyond Meat, suggested he hoped the chain would add the items throughout Canada soon.
"A national launch would allow us to further our mission of making delicious plant-based products more readily accessible to Canadians nationwide," said Brown in a statement.
Shares of Beyond Meat began trading on May 2, with a strong showing. On Wednesday, shares rose 12.1% to $89.33.