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Beyond Meat Shares Are Rising: Is the Stock Headed for a Turnaround?

Beyond Meat Shares Are Rising: Is the Stock Headed for a Turnaround?

Remember the hype around plant-based meat? Before the COVID-19 pandemic, investors were thrilled with the potential of alternative meat products. Beyond Meat (NASDAQ: BYND) was at the center of that craze when it went public in May 2019 at $25 per share before trading up to a peak of nearly $235 just a few months later.