Beyond Meat soared as much as 137% on Monday amid meme-like trading activity following a dilutive debt swap last week, which sent shares to their worst-ever weekly performance, down 68%.
- Trading volume has topped 1 billion shares, or more than 50 times the three-month daily average
- On Friday, BYND rose 24% on volume of 438 million shares
- Business Insider in a Monday story
pointed to the influence of a trader named Demitri Semenikhin, who posted a YouTube video late Sunday touting his bullish thesis for BYND - Even with the rebound, shares are still below where they closed on Oct. 10 ...
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