Beyond Meat shares skyrocket over 90% on Walmart plans to expand distribution

Core Points - Beyond Meat's shares surged over 90% after announcing distribution expansion into Walmart stores [1] - The stock reached a high of $2.98, resulting in a market value of approximately $1.5 billion, marking a fivefold increase from the previous close of $0.52 [2] - Over 1.2 billion shares of Beyond Meat were traded, making it a popular stock among amateur traders on Stocktwits [3] Company Performance - The stock price had previously fallen below $1 last week, indicating significant volatility [4] - Analysts show a mixed outlook, with five out of eight rating the stock as "sell" or "strong sell," while three recommend holding, with a median price target of $2.42 per share [3]