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One-time penny stock Beyond Meat soars after addition to meme ETF, jumps 90% on Tuesday
- On Oct 20, 2025, Beyond Meat, Inc. surged on Nasdaq, more than doubling intraday and rising as much as 137% during the session.
- Last week, Beyond Meat's convertible-note exchange triggered a surge by swapping nearly 97% of its $1.11 billion in 0% notes for $196 million in new 7% notes and 316 million new shares, increasing shares more than fourfold.
- Posting on social platforms, Dimitri Semenikhin, retail trader , said `At the current price that I bought in, the pricing was just way too low for what was happening` as mentions jumped 84% on Reddit's r/WallStreetBets.
- Trading volume exploded, with over a billion shares changing hands as institutional short sellers scrambled to cover, while analysts warn liquidity relief brings massive dilution amid unprofitable revenue.
- The event echoes the 2021 meme-stock episode as retail meme traders drove Beyond Meat's rally, while Walmart expanded distribution to more than 2,000 stores, though analysts warn fundamentals lag.
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Meme Stocks Make a Comeback: Beyond Meat and 1-800-Flowers Soar
NEW YORK – Meme stocks are surging again, with Beyond Meat leading the charge. The plant-based food company jumped more than 100% for a third consecutive day, hitting above $6 in premarket trading after closing Tuesday at $3.62. The rally follows Roundhill Investments’ decision to add Beyond Meat to its Roundhill Meme Stock ETF, sparking […]
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Total News Sources42
Leaning Left5Leaning Right7Center12Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 21%
C 50%
R 29%
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