US EditionStock Market Live October 22: S&P 500 (SPY) Little Changed After Another Record Session
Beyond Meat's shares surged nearly 1300% in four days due to a Walmart distribution deal and inclusion in a meme stock ETF, boosting investor interest significantly.
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Why Meme-Stock Mania Keeps Happening
A meme-stock craze took hold on Wall Street once again in mid-October, as shares of Beyond Meat Inc. surged more than 1,300% over a four-day period. The sudden rally echoed frenzies that originated during the Covid pandemic and have periodically set off unusually large jumps in beaten-down stocks championed by social media influencers.
1,300% rally in 4 days! Wall Street gets new meme stock to rekindle GameStop memories
Beyond Meat shares soared over 1,300% in four days, driven by a social media frenzy reminiscent of GameStop. The rally followed Walmarts expansion announcement and inclusion in the Roundhill Meme Stock ETF, triggering volatility as short sellers scrambled and retail traders piled in.
Beyond Meat Is Having a Wild Run
Beyond Meat's stock soared for the third straight day on Wednesday, fueled by a surge of interest from meme traders. The plant-based meat company's shares skyrocketed as much as 111% in premarket trading and is up 62% to $5.87 at the time of this writing. This gives it a...
The shares of Beyond Meat, the manufacturer of hamburgers and sausages of vegetable origin, are fired more than 90% on Wall Street and in just four days they rise by 1.100%, in a new case of 'investor madness' by those known as "meme stocks" or "mememe actions", that is, those of companies that become viral among investors after being popularized by amateur operators and that, periodically, have caused unusually large jumps in actions punished b…
Stock Market Live October 22: S&P 500 (SPY) Little Changed After Another Record Session
Live Updates Live Aside from those and BYND, meme stocks, like Krispy Kreme (NASDAQ: DNUT), are rallying on a volume spike to 105 million, as compared to its daily average volume of 7.7 million. Even GoPro (NASDAQ: GPRO) is surging on a volume spike to 26.6 million, as compared to its daily average volume of 13.8 million. As exciting as these are, if you jump into meme stocks, be cautious. Sure, it’s tough to ignore the dramatic runs with these…
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