Heavily shorted retail pick Beyond Meat soars as retail traders pile in
22/10/2025 15:38
Updates prices; adds short interest data ** Beyond Meat BYND.O shares jump 96%, leading gains among retail-favorite stocks in latest meme stock rally ** Shares of plant-based meat maker last at $7.2, having rallied over 146% in the previous session after co announces plans to expand distribution into Walmart WMT.N stores ** BYND hit a record low in the aftermath of restructuring its debt in late September, but has recovered more than 1,100% since Oct 16's last close - its fourth-straight day of gains ** Bearish bets on BYND are at ~82% of free float, according to data analytics firm Ortex; recent gains have resulted in short sellers losing ~$330 million since Thursday ** Beyond Meat's shares further gained steam this week following Dimitri Semenikhin's posts on his X.com handle Capybara Stocks ** BYND is top trending stock on investor-focused stocktwits.com and Reddit's RDDT.N r/wallstreetbets thread ** Recent retail-inspired surges in heavily-shorted stocks were a reminder of similar meme stock rallies in recent years ** Other retail favorites such as Krispy Kreme DNUT.O climbs 29%, GoPro GPRO.O gains 16.8%, 1800Flowers.com FLWS.O rises 3.7% ** BYND, DNUT, GPRO and FLWS - all missed analyst expectations on earnings in their most recent reported quarter ** Roundhill's MEME exchange traded fund MEME.P, in which BYND has a 10.19% weightage, rose 3.4% (Reporting by Johann M Cherian in Bengaluru) ((johann.mcherian@thomsonreuters.com))