The surge places the plant-based company among high-risk meme stocks.
Beyond Meat’s shares skyrocketed by 250% after a Dubai-based real estate developer triggered a massive wave of investor interest, propelling the company into meme-stock territory.
Analysts warn that the spike, fueled largely by social media speculation and retail trading activity, could be unsustainable as market volatility increases.
The unexpected rally has reignited debate about the long-term value of the plant-based food sector amid ongoing financial uncertainty.