Beyond Meat Jump Hurts Short Sellers, Sets Up for a Squeeze
(Bloomberg) -- Beyond Meat Inc. jumped as much as 61% in intraday trading Wednesday — its best one-day move since 2019. The surge is setting traders who have bets against the stock up for a lot of pain.Most Read from BloombergApple to Wind Down Electric Car Effort After Decadelong OdysseyHow Much Wealth You Need to Join the Richest 1% Around the WorldTrump Eyes $4 Billion Stock Windfall as His Legal Bills Pile UpFlawed Valuations Threaten $1.7 Trillion Private Credit BoomStocks Decline in Run-Up
Source: yahoo.com
