Beyond Meat (BYND) shares ripped higher on April 17 after the company announced an expansive distribution agreement with Big Geyser for its new functional beverage line, Beyond Immerse™. The subsequent rally drove BYND above its 100-day moving average MA) — a technical breakout that often signals accelerated bullish momentum ahead.
Despite today’s surge, Beyond Meat stock remains down nearly 20% versus its year-to-date high.
