Beyond Meat (BYND) is having another meme stock moment, despite the fundamentals of its business being anything one could call as sizzling as a plant-based burger right off the grill.
Shares of the struggling faux meat maker have gained close to 600% in the past three trading sessions. Gains look poised to continue on Wednesday, with shares up 133% in pre-market trading.
During the stretch, the company’s ticker page has been among the most active on the Yahoo Finance platform (also see Yahoo Finance community insight chart below).
There appears to be two catalysts behind the surge.
On Tuesday, Beyond Meat said its “Beyond Burger 6-pack” and Beyond Chicken Pieces” will be available at 2,000 Walmart (WMT) stores across the country.
And two, on Monday the stock was added…
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Source finance.yahoo.com
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