Beyond Meat (BYND) shares surged to $7.69, up 1,438% from the year’s low, driven by meme stock hype. Extended Walmart (WMT) partnership added to the frenzy. Options data predicts extreme volatility, with potential downside to $1.39. Investors warned against buying due to speculative nature and lack of profitability. Wall Street maintains a “sell” rating.
Read more at Barchart: Beyond Meat Stock Is Up 518% in the Past 5 Days. Barchart Options Data Tells Us BYND Could Be Headed Here Next.
