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Beyond Meat is going bananas a?? surges to nearly 500% gain since pricing its IPO (BYND)

Beyond Meat is going bananas a??В surges to nearly 500% gain since pricing its IPO (BYND)




Beyond Meat's stock has continued to soar after its first-quarter earnings topped expectations on Thursday.




Shares are now trading more than 475% above their May initial-public-offering price of $25.




Wall Street has taken note and reevaluated price targets and expectations for the company.




Watch Beyond Meat trade live.




Beyond Meat has continued to climb at a torrid pace since releasing its first earnings report as a public company on Thursday.
Shares were up more than 11% early Monday, trading above $150 apiece. They have now gained more than 475% since pricing at $25 on May 1.
The gains are inflict more pain on short-sellers, who saw their losses climb above $150 million when the stock climbed above $100 a share. On Friday, the stock closed at $138.65.
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