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Beyond Meat shares skyrocket over 90% on Walmart plans to expand distribution

1. Beyond Meat shares surged over 90% after Walmart distribution announcement. 2. Products will be available in 2,000 Walmart stores nationwide. 3. Shares peaked at $2.98, marking a fivefold increase from last week. 4. Over 1.2 billion shares traded, indicating high market interest. 5. Analysts remain cautious, with five giving 'sell' ratings.

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FAQ

Why Bullish?

The substantial surge in stock price and distribution expansion signals positive market reception, reminiscent of previous distribution deals that positively impacted similar companies.

How important is it?

Walmart expansion is a significant factor not previously accounted for in stock evaluations, likely to influence investment decisions.

Why Short Term?

Initial positive impact due to trading activity and news reaction; sustainability depends on product performance in Walmart.

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