Beyond Meat surges 20% as beverage bet and earnings outlook energize investors.
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Beyond Meat surges 20% as beverage bet and earnings outlook energize investors. Beyond Meat (NASDAQ: BYND) shares made a stunning one-day turnaround on Thursday, surging more than 20% to close at $0.98, ending a two-day. - Last updated: Friday, May 1, 2026 Quick overview. * Beyond Meat shares surged over 20% to close at $0.98, marking a significant one-day turnaround amid a generally strong U.S. market. * The company is set to announce its first-quarter 2026 results on May 6, with analysts expecting a loss of 11 cents per share on revenue of about $58 million. * Beyond Meat's new distribution agreement for its functional beverage, Beyond Immerse, aims to expand its market presence in New York, targeting over 26,000 retail locations. * Despite the recent rally, Beyond Meat's stock has dropped more than 60% in the past year, raising concerns about the company's long-term growth and execution risks. Beyond Meat (NASDAQ: BYND) shares made a stunning one-day turnaround on Thursday, surging more than 20% to close at $0.98, ending a two-day losing run and extending into after-hours trading when the stock briefly crossed the $1.03 level. The rally occurred on a generally strong day for U.S. markets, with the Nasdaq Composite increasing 0.89% and the Dow Jones Industrial Average gaining 1.62%. The spike comes at a critical time for the California plant-based protein industry...
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