Shares of Beyond Meat Inc. soared in premarket trading on Wednesday as a blistering meme-stock rally entered its fourth day. Since it started, the stock has risen by about 1,200%, according to Dow Jones Market Data.

Beyond Meat

BYND closed at 52 cents on Thursday, the lowest level on record. But starting Friday, the stock started to climb, with its advance really picking up speed during the overnight session heading into Monday. Since the Thursday low, the stock has risen 1,178.85% to $6.65 in premarket trading on Wednesday, Dow Jones Market Data showed.