Beyond Meat has become the topic of conversation among meme stock investors following its four-day trough-to-peak ascent from $0.52 per share on Oct. 16 to a pre-market high of $8.85 on Oct. 22.
Beyond Meat faces severe financial distress despite a recent debt-for-equity swap and meme-driven rally, with dilution risk and high short interest. BYND's fundamentals remain weak: negative cash flow ...
Beyond Meat (NASDAQ:BYND) has surged in recent times, reigniting speculation of a short squeeze in the plant-based meat maker. Short interest on BYND was over 50% of the float as of Wednesday.
This latest round of short squeeze hype is picking up, with plant-based meat company Beyond Meat leading the charge. Beyond Meat's roughly 1,600% rally had nothing to do with a short squeeze and ...