Beyond Meat Now Beyond Ridiculous

After the bell on Thursday, shares of plant-based meat company Beyond Meat (BYND) surged after the company issued its first quarterly report since going public. Shares have been on a tear since the IPO at $25, hitting $125 in after-hours as seen in the chart below. Unfortunately, this stock has become too much of a bubble in the short term, likely meaning investors that pile in now will not be happy in the long run.

(Source: cnbc.com)

Original source
https://seekingalpha.com/article/4269088-beyond-meat-now-beyond-ridiculous?source=feed_all_articles

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