Beyond Meat Stock Skyrockets 61%, Squeezing Short Sellers With $74 Million in Losses
• Beyond Meat stock jumped 61% in one day, its best single-day gain since 2019
• The surge sets up a potential short squeeze as short sellers face major losses
• Short sellers are down $74 million in paper losses so far
• The stock has no buy ratings and analysts see further downside ahead
• The jump came after Beyond Meat's earnings beat expectations and laid out a path to profitability