Is Beyond Meat the Next Great Meme Stock? This Week's Performance Hints That the Party Could Be Over

Beyond Meat was the latest stock to dazzle the meme stock fans.Beyond Meat (BYND +0.30%) might be plant-based, but it's given investors plenty of indigestion over the past few weeks.The stock plunged the week of Oct. 13 as the company made a tender offer for $1.1 billion in convertible debt, signaling that it was about to massively dilute existing shareholders. On Oct. 16, it completed the tender offer, saying it had created 316 million new shares, essentially growing shares outstanding by nearly 5x. From O ...