Beyond Meat (BYND) Stock Skyrockets 50% Amid Meme Mania – Turnaround or Dead Cat Bounce?
Volatile Stock Action Chart: Beyond Meat (BYND) daily price (1y) via TradingView – after years of decline, BYND plunged to fresh lows in mid-October then briefly spiked amid heavy short covering (note the October jump). fxleaders.com businessinsider.comOver the past week BYND has lived up to its volatile reputation. On Oct. 13–15 the stock collapsed roughly 50–60% as news of the debt-for-equity swap (to repay over $1.1 B of 2027 convertible notes) sank in reuters.com ts2.tech. By Oct. 15 it traded around $0.67 ts2.tech, an all-time low. But the tide quickly turned: in pre-market trading on Oct. 20 the stock jumped ~70% from $0.64