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Why Beyond Meat Stock Is Soaring Today

TheMotleyFool

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Beyond Meat (NASDAQ: BYND) stock is zooming higher in Wednesday's trading. Its share price was up 7.8% as of 1 p.m. ET amid bullish momentum for the broader market. The S 500 was up 0.6% at the same point in the day, and the Nasdaq Composite was up 1.1%.

Stocks are moving higher today thanks to news that the U.S. has extended its ceasefire with Iran. Beyond Meat's valuation is also rising thanks to new product launches and meme-stock momentum.

Image source: Getty Images.

Source Fool.com

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