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Barchart
Aditya Raghunath

Is Beyond Meat Stock a Buy Under $10?

Beyond Meat BYND IPO

Valued at $382.8 million by market cap, Beyond Meat (BYND) has burnt massive investor wealth since its IPO in 2019. The vegan food stock surged to a record high of $235 in July 2019 and currently trades 97.6% below all-time highs, around $5.62 per share. 

BYND's technical underperformance has continued into 2024 - but the stock has gained some momentum following its Q2 results, up about 6% over the past week. 

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