Should You Invest in Beyond Meat Stock?
Shares of Beyond Meat (NASDAQ: BYND) are up 22% over the past week, as of Dec. 4. The rally doesn't appear to be connected to any company-specific news, and it comes during a choppy stretch for the overall market.
For context, Beyond Meat has been a horrendous long-term investment. The share price has plummeted 98% since the company's IPO in May 2019, and it's down 67% year to date, even with the recent surge. But meme stock traders fueled a rally in late October that briefly lifted the stock 1,400% higher. Was that a signal that more upside is on the way, or should investors avoid this stock at all costs?
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Source Fool.com
