Beyond Meat Stock’s Wild October: From Collapse to Meme-Fueled Surge – What’s Next for BYND?
Stock Collapse and Meme-Fueled Surge 🚀 Beyond Meat’s stock has just lived through a stunning boom-and-bust within days. In mid-October, BYND imploded into penny-stock territory following a controversial debt restructuring. On Oct. 13, shares opened around $0.84 – a 56% plunge intraday – after news that Beyond Meat had massively diluted shareholders to avoid default ts2.tech ts2.tech. By that week’s end (Oct. 17), BYND was clinging to roughly $0.65 per share ts2.tech. It was a remarkable fall from grace: the stock is down ~97% from its euphoric 2019 highs (when it traded at $235) ts2.tech. This collapse left Beyond Meat