Very Good Food Company Inc (VRYYF) Stock Jumps 12% in a Week: But Why?

There were plenty of stocks which managed to record eye catching gains last week and most of those stocks are expected to be in focus today. One of those stocks is that of The Very Good Food Company Inc (OTCMKTS:VRYYF), which saw its stock soar by as much as 12% last week.

The plant based food technology firm was in the news last week after it announced on August 24 that it finally launched its Butcher’s Select line of products by way of a limited online release on the website It was a significant development for the company and the rally in the stock was understandable.

However, that is not all that one needs to keep in mind. The Very Good Food Company also noted that it was going to have a retail rollout of the product in the North American market later on this year during the fall. This is a major milestone for the company since it marks the entry of The Very Good Food Company into the soy free and gluten free food market. It is one of the fastest growing segments at this point in time and investors could do well to add the stock to their watch lists.