If You Put $5,000 Into Beyond Meat Stock Last January, Here's How Much You'd Have Now
The S&P 500 is up more than 14% in 2020, as of the market close on Dec. 21. That's a great year for the market average, but some individual stocks have fared far better. Consider plant-based-meat company Beyond Meat (NASDAQ: BYND). The stock is up 83% so far this year, turning a $5,000 investment on Jan. 1 into $9,150 right now.
However, that 83% return for Beyond Meat has been anything but smooth. In March while the market was crashing, Beyond Meat stock was down around 30% from where it started the year. And it's pulled back about 30% from highs reached in October -- in early October, year-to-date returns were around 160%.
Therefore, from a pessimistic perspective, one could accurately say investors have lost around $3,800 since October highs. Should shareholders have sold in October?
Source Fool.com
