fromFortune
2 days agoBeyond Meat's 250% stock pop was spurred by a Dubai-based real estate developer. Now the company is squarely in meme-stock territory | Fortune
Reddit investors are still chasing the high of locking in and driving up GameStop stock four years ago. This time, their meme stock of choice is Beyond Meat. The company behind the plant-based meat you briefly glance at before settling for cheaper ground chuck is the focus of another social-media-driven short squeeze that has helped push the stock up ~250% this week, alongside news of an expanded distribution deal with Walmart.
Business