Why Shares of Beyond Meat Were Headed Higher Once Again on Friday
Shares of Beyond Meat (NASDAQ: BYND) continued their upward march on Friday, rising as much as 13.7%. As of 11 a.m. EST, shares were still up an impressive 8%.
There wasn't any news this morning, but the move is still explainable. When a company like Beyond Meat dispels commonly held misconceptions, it tends to attract new buyers and send short sellers running.
Image source: Beyond Meat.
Source Fool.com
