Beyond Meat's Meme Stock Mania: A Wall Street Flashback

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Thursdays

Categories:

Beyond Meat's wild ride: Is it a meme stock revival? Shares skyrocketed nearly 1300% in four days, fueled by social media hype and a Dubai-based trader, echoing the GameStop saga. A potential short squeeze and expanded Walmart availability added fuel, but analysts question if this surge is sustainable or just a pump-and-dump in the making. Despite the frenzy, Beyond Meat remains far below its IPO peak, leaving many wondering if this is a true comeback or just another meme stock mirage.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.