Beyond Meat (BYND) Stock: 50% Short Squeeze Rally Follows Massive Share Dilution

TLDR Beyond Meat stock jumped 50% on October 17 in a short squeeze after falling below $1, with trading volume exploding to 438 million shares compared to the normal 13 million. The company completed a debt-for-equity swap that issued 316 million new shares, more than quadrupling the outstanding share count and creating what analysts call [...]

The post Beyond Meat (BYND) Stock: 50% Short Squeeze Rally Follows Massive Share Dilution appeared first on Blockonomi.