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Retail Traders Drive Beyond Meat (BYND) Surge Amid Options Frenzy

Retail Traders Drive Beyond Meat (BYND) Surge Amid Options Frenzy

Author:

Global Cryptocurrency

Published:

2025-10-29 09:42:03

9

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BTCCSquare news:

Beyond Meat's stock soared 9.12% on Tuesday as retail traders piled into bullish options bets, defying the company's ongoing operational challenges. Trading volumes spiked, propelling the plant-based protein Maker higher despite a 67% decline over the past five trading sessions. Pre-market activity suggests the momentum may continue, with shares up another 3% Wednesday morning.

The rally echoes BYND's volatile history since its 2019 IPO, when celebrity endorsements and plant-based diet HYPE briefly sent shares near $240. Recent gains followed an expanded Walmart distribution deal, though fundamental improvements remain elusive. Market observers note the move resembles meme-stock behavior rather than sustainable business recovery.

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