Up Over 550% With More to Run, This Stock Could Be the Next GameStop

Core Viewpoint - Beyond Meat (NASDAQ: BYND) has experienced a significant rally, with its stock price increasing over 550% in the past week, currently priced at $3.53 per share, which may attract more meme stock investors despite being down over 55% from its pre-market peak on October 22 [1] Group 1 - The recent drop in Beyond Meat's stock does not necessarily indicate the end of the rally, as meme stock rallies often feature multiple peaks and valleys as traders seek to maximize profits [4] - Historical context is provided by comparing Beyond Meat's situation to GameStop's meme stock rally, which saw extreme fluctuations in stock price, including a peak return of 1,745% in less than a month [5] - Beyond Meat shares have surged recently, suggesting potential for further volatility similar to GameStop's past performance, although such movements may ultimately be disadvantageous for most investors [7] Group 2 - The history of meme stocks indicates that seemingly inactive stocks can experience sudden surges after long periods of decline, as evidenced by GameStop's mini-meme rally in 2024 [8]