Beyond Meat Stock Rockets 50% in Short-Squeeze Frenzy – What Investors Need to Know
Beyond Meat shares jumped nearly 50% on Oct. 17 as a short squeeze hit, with volume surging to 438 million shares from a typical 13 million. The spike followed a debt-for-equity swap that issued 316 million new shares, quadrupling the float and sending the stock below $1. BYND now trades near $0.65, down 97% from its 2019 high. Analysts remain bearish, citing heavy losses, weak sales, and high debt.