Beyond Meat Inc. shares doubled in premarket trading Wednesday, boosting its four-day rally to almost 1,300%, in an echo of the meme-stock frenzies that periodically roil the market.
Shares in the struggling maker of plant-based burgers and sausages surged 100% to $7.33 at 6:38 a.m. in New York. The stock, which closed at 52 cents on Thursday, is still down about 97% from its record high in 2019.
