Beyond Meat Stock Surges on Retail Investor Activity and New Distribution Deal
Beyond Meat (BYND) stock surged 20% on Tuesday due to retail investor activity and a new distribution deal with Big Geyser. The stock's RSI reached overbought levels, signaling potential for a pullback. The surge is attributed to a short squeeze as short-sellers covered positions amid positive news flow.
Tickers: $BYND
Topics: Beyond Meat distribution deal retail trading short squeeze stock price movement