Shares of Beyond Meat soar nearly 300% in torrid meme-stock rally. Here’s what’s going on.

Shares of Beyond Meat soar nearly 300% in torrid meme-stock rally. Here’s what’s going on.



Published:

Shares of Beyond Meat Inc. are soaring this week amid speculation that the struggling maker of pea-based meat substitutes might be joining the latest cohort of meme stocks.

The company’s shares

BYND have gained nearly 300% since the start of the week, adding to gains from Friday, according to the latest data available from FactSet. The stock was trading at around $2.40 on Tuesday, up another 62%.



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