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BYND
Benzinga
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Beyond Meat Soars After MEME ETF Inclusion Sparks Short Squeeze

1. BYND shares surged 127% on Monday and 146% on Tuesday. 2. Inclusion in MEME ETF triggered a major short squeeze. 3. Over 63% of BYND's tradable shares were shorted before the announcement. 4. Investor demand for riskier assets is rising in the market. 5. Extended distribution agreement with Walmart supported the rally.

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FAQ

Why Very Bullish?

The significant short squeeze and ETF inclusion suggest strong demand, similar to past meme stock surges in 2021, boosting BYND’s momentum.

How important is it?

The article highlights direct factors affecting BYND's stock performance due to retail investor behaviors and ETF dynamics.

Why Short Term?

The price surge is likely to be temporary, as ETF-driven volatility often results in fleeting rallies.

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