Beyond Meat Stock Rockets 50% in Short-Squeeze Frenzy – What Investors Need to Know
Beyond Meat’s stock rollercoaster has been catapulted by an extreme short-covering event, but the underlying story remains one of struggle. On Oct. 13 the company announced an early settlement of its debt exchange offer – issuing $208.7 M in new 7% notes (due 2030) and ~316 M new shares to bondholders reuters.com ts2.tech. Before the swap, only ~76.7 M shares were outstanding, so this flood of paper “quadruple[d] the share count” overnight ts2.tech ts2.tech. Investors immediately panicked: BYND plunged over 50% on Oct. 13 (bottoming below $1) on word of the swap reuters.com ts2.tech. After a brief rebound to ~$0.67 mid-week reuters.com, shares