Beyond Meat Stock Surges as Meme Traders Flock In – What’s Next for BYND?
Beyond Meat’s share price has been extremely volatile. After an Oct. 16 debt-restructuring news wiped out most value, BYND soared ~500% in two trading sessions by Oct. 21stockstotrade.com. On Oct. 20 it jumped ~128%, and on Oct. 21 it climbed over 80% in intraday tradingreuters.comstockstotrade.com. At one point on Oct. 21, BYND hit ~$2.98stockstotrade.com, briefly giving it a market cap >$1.5 billionreuters.com. Trading volumes have spiked to billions of shares per day, confirming a frenzied short squeeze.
