Beyond Meat shares surge for a third day in a row as meme traders jump on board

Beyond Meat saw a surge in its stock price for the third consecutive day, driven by meme traders who are jumping on the bandwagon. The plant-based food company, known for its burgers and sausages, experienced a remarkable 111% increase in premarket trading on Wednesday. By the end of the day, its shares were trading at $6.43, marking a 77% increase from the previous day’s closing price of $3.62.

This recent spike in Beyond Meat’s stock price follows a series of extraordinary events. On Monday, the stock skyrocketed by over 127% after Roundhill Investments added it to its Roundhill Meme Stock ETF (MEME). This move not only attracted meme traders but also triggered a short squeeze as investors rushed to cover their positions. According to FactSet data, more than 63% of the available shares were sold short.

The momentum continued on Tuesday when Beyond Meat surged by 146% following the announcement of its plans to expand distribution at Walmart stores. This was the company’s best trading day ever, further fueling the excitement among investors.

Despite this recent rally, Beyond Meat has faced significant challenges in the past. Since its initial public offering in 2019, when the stock reached heights of over $230 per share, it has steadily declined, becoming a penny stock. The stock has seen consecutive yearly declines, including a 47% drop in 2021, an 81% decline in 2022, a 27% decrease in 2023, and a 57% fall in 2024. In 2025, it has already dipped by more than 3%.

Last week, Beyond Meat’s shares plummeted by more than 67% to just 65 cents after the company finalized a debt deal. However, this week’s resurgence is reminiscent of the retail trading frenzy that characterized the pandemic era, where online forums like WallStreetBets played a pivotal role in coordinating high-risk trades.

The resurgence of Beyond Meat may signal a frothy market, characterized by elevated valuations and speculative trading. While Bank of America identified Beyond Meat as a Reddit stock to watch in 2021, the stock ultimately ended the year with losses.

The revival of interest in Beyond Meat reflects the ongoing enthusiasm of retail traders in the stock market. Despite concerns about market bubbles and overvaluation, investors are continuing to drive the market higher. The decision by Roundhill Investments to revive its meme ETF underscores the renewed interest among retail traders in participating in the bull market.

On Reddit’s WallStreetBets forum, users have been actively discussing Beyond Meat’s recent performance. Some users have expressed skepticism about the stock’s comeback, highlighting the volatile nature of the market. As one user remarked, “You know the economy is cooked when BYND stock is making a comeback.”

In conclusion, Beyond Meat’s recent rally highlights the unpredictable nature of the stock market and the influence of meme traders on stock prices. As the company continues to navigate challenges and opportunities in the market, investors will be closely watching its performance in the days to come.