Beyond Meat Stock Crushed It Yet Again Thanks to Hype & Short Squeeze

2019-6-13 04:00

By CCN Markets: Beyond Meat was the biggest non-penny-stock market winner on Wednesday, soaring another 12. 7% to $142 per share. Beyond Meat’s stock is now up 460% since its IPO. Why is Beyond Meat’s stock going bonkers, and is the company’s valuation fair at this price? There are two reasons behind this insane move.

A Lot of Hype The stock market is presently at its third most expensive ever. When the stock market gets this frothy, IPOs and other speculative investments tend to attract a lot of hype and momentum investors. These investors piled into Beyond Meat’s stock when the

The post Beyond Meat Stock Crushed It Yet Again Thanks to Hype & Short Squeeze appeared first on CCN Markets

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Источник: ccn.com

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Could Tyson Foods’ Plant-Based Nuggets Be the Beyond Meat Killer?

By CCN Markets: Beyond Meat stock tumbled 4% in today’s pre-market trading following the announcement of a new competitor – Tyson Foods. The poultry powerhouse is set to enter the meatless arena later this summer, beginning with a plant-based “chicken” nugget.