Beyond Meat’s Wild Ride: Stock Rockets 1300% Then Plunges 80% – Expert Analysis & Forecasts
Beyond Meat shares fell to $1.65 on Oct 30, down 70% from early October highs and 74% over the past year. The stock spiked nearly 600% in a short-squeeze rally mid-October after a debt-for-equity swap and Walmart distribution deal, but quickly reversed. Q2 net revenue dropped 19.6% year-over-year to $75 million, with a $33.2 million net loss. Q3 revenue guidance is about $70 million, down 12–13% year-over-year.