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Beyond Meat is on the move again, making big swings and burning shorts

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Beyond Meat “Beyond Burger” patties made from plant-based substitutes for meat products sit on a shelf for sale on November 15, 2019 in New York City. Vegetarian alternatives to burgers and sausages, revived by start-ups like Beyond Meat and Impossible Burger, are enjoying a certain enthusiasm that meat giants also want to enjoy.

ANGELA WEISS | AFP | Getty Images

Trading of Beyond Meat was briefly halted on Tuesday for volatility as the meat substitute stock has once again been on a wild ride.

The recent spike began on Jan. 7, the same day rival Impossible Burger said it would not be able to produce enough burgers to partner with McDonald’s. Shares of Beyond jumped 12.5% that day and have…



Source cnbc.com

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