Quote:
BYND's stock popped when Tim Horton's announced the other day that they were going to try some of BYND's product in their breakfast line. It's also pretty heavily shorted so there's likely a bit of short squeeze going on.Originally Posted by Viperstick
BYND is up $70 since its IPO. Someone likes their product.
I read a post on Bogleheads just before the IPO where one guy was talking about shorting it. If so, ouch!
I haven't tried meat substitutes in several years so I had no desire to play the stock in either direction. From my little readings on the subject, it sounds like BYND and Impossible are poised to be the Coke and Pepsi of this market niche.