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Beyond Meat, Inc. (NASDAQ:BYND) shares were under pressure in after-hours trading following Tuesday’s session, extending losses after closing the regular trading day at $1.04, down nearly 10%.
The stock slipped further to around $1.00 in after-hours trading, a drop of about 4%, continuing a volatile stretch for the plant-based food company.
Why It’s Trending
The move comes as Beyond Meat was trending in broader market commentary, highlighting a renewed meme-stock and short-squeeze theme across heavily shorted equities.
The stock was cited alongside names such as Avis Budget Group (NASDAQ:CAR) and Navitas Semiconductor …
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