Beyond Meat's stock has skyrocketed over 1,000% in just four days, sparking debates about market bubbles and meme stock phenomena. Despite a surge in interest, the company still faces significant challenges in sales and profitability. Is this rally real or just a fleeting moment fueled by online hype?
Beyond Meat Inc. has seen its shares double in premarket trading, marking a staggering 1,300% rally over four days, reminiscent of previous meme stock surges. The plant-based food company, still down 97% from its 2019 high, is capturing attention once again!