Beyond Meat Stock Crushed It Yet Again Thanks to Hype & Short Squeeze

Beyond Meat Stock Crushed It Yet Again Thanks to Hype & Short Squeeze


By CCN Markets: Beyond Meat was the biggest non-penny-stock market winner on Wednesday, soaring another 12.7% to $142 per share. Beyond Meat’s stock is now up 460% since its IPO. Why is Beyond Meat’s stock going bonkers, and is the company’s valuation fair at this price? There are two reasons behind this insane move. A Lot of Hype The stock market is presently at its third most expensive ever. When the stock market gets this frothy, IPOs and other speculative investments tend to attract a lot of hype and momentum investors. These investors piled into Beyond Meat’s stock when the

The post Beyond Meat Stock Crushed It Yet Again Thanks to Hype & Short Squeeze appeared first on CCN Markets

Posted by Lawrence Meyers on June 13, 2019 @ https://www.ccn.com/beyond-meat-stock-hype-short-squeeze

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