Beyond Meat’s Meme-Stock Resurrection Sparks a Retail-Trading Record

Core Insights - Beyond Meat Inc. has regained its status as a popular meme stock, leading to a significant increase in retail trading activity and lifting the company's stock from record lows [1][3][6] Retail Trading Activity - Retail investors accounted for 16% of total single-stock trading volume on a recent Tuesday, marking the highest level recorded since 2018, with approximately $1.3 billion traded that day [2][4] - Non-professional traders invested $895 million in stocks and ETFs by 11 a.m. on Thursday, placing them in the top 14th percentile of trading activity over the past year, with a strong preference for single stocks [5] Market Trends - The resurgence of Beyond Meat as a meme stock has contributed to a broader trend of elevated retail trading volumes in October, driven by interests in sectors such as crypto, AI, and gold [4][5] - Beyond Meat's stock experienced a dramatic rally, surging over 1,300% within four days after hitting record lows due to a debt swap that led to substantial shareholder dilution [6]