2 Months Ago
2 Min Read

Off goes BYND. The stock plunged, today. Here's what's going on:

BYND
+0.75% 24h



Beyond Meat Inc (BYND) is trading -8% lower at $36.26 today.

Beyond Meat Inc has been trading between a 52-week high of $134.99 and a 52-week low of $20.5. The stock has a market cap of $2.3 Billion.

Beyond Meat, Inc. is one of the fastest growing food companies in the United States, offering a portfolio of revolutionary plant-based meats made from simple ingredients without GMOs, bioengineered ingredients, hormones, antibiotics, or cholesterol. Founded in 2009, Beyond Meat products are designed to have the same taste and texture as animal-based meat while being better for people and the planet.

Headlines


Some of America’s biggest companies are hinting the labor shortage is ending for them
Business Insider Nederlands 08-09-22

iRobot, Fox Factory, TripAdvisor And Some Other Big Gainers From Friday
Benzinga 08-08-22

Beyond Meat Is Not Beyond Hope, And It’s Cheap
ValueWalk 08-05-22

Beyond Meat squeezes higher after earnings disappointment (NASDAQ:BYND)
Seeking Alpha 08-05-22

Why Beyond Meat Stock Skyrocketed Today
The Motley Fool 08-05-22


As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:

Puzzleheaded_War6849 - 19 upvotes - source
Should have known that the under the radar play today was BBY and BYND because of inflow from idiots buying the wrong ticker

Abhirajsethi - 4 upvotes - source
BLOOD BATH AND BYND FOR TARDS ![img](emote|t5_2th52|4271)

Boba_Fett9019 - 3 upvotes - source
Instructions unclear, bought $BYND

LongDongequities - 3 upvotes - source
Weekly puts on BYND meat, “I am a goo man”

Best_Secretary_1332 - 3 upvotes - source
First time commenting here, Getting familiar with the squeeze BBBY & BYND (which is doing awesome) So when is Robinhood going to turn off the app and not let us buy anymore???

A_KY_gardener - 2 upvotes - source
I suck at options these day, but can I trade shares of BYND for 43%+ profit. That’s some boomer shit.

Accomplished_Suit651 - 2 upvotes - source
No, no, no. It's BYND, for Beyond

tofufizza - 1 upvotes - source
BYND makes no fucking sense. Numbers are cooked, products are shit and overpriced.

Successful-Rest6044 - 0 upvotes - source
LEAVE BBBY. Let it fall back to 6. Shift to BYND. >40% short interest this calendar year. Stock was above $100 prior to heavy shorting. Also stock is down today, presenting a good buy opportunity.

Successful-Rest6044 - -1 upvotes - source
Can we please discuss how BYND has had a >35% short interest float since Q3 2021?