Core Insights - Beyond Meat's stock has surged over 700% in five days, reaching $6.73, significantly outperforming the S&P 500's 0.7% increase during the same period [1][2] Distribution Agreement - The stock rally was triggered by a new distribution agreement with Walmart, allowing select Beyond products to be sold in over 2,000 Walmart locations, enhancing brand visibility [2] Financial Performance - Despite the stock surge, Beyond Meat's fundamentals remain weak, with revenue declining approximately 5% over the last year and nearly 20% year-over-year in the most recent quarter [5][6] - The company reported an operating loss of around $160 million over the last year, with an operating margin of approximately -53% and a net margin of -51% [6][7] Debt and Liquidity - Beyond Meat has around $1.3 billion in debt and only $103 million in cash, indicating constrained liquidity and significant leverage risk [9] Market Psychology - The stock's recent rally is partly attributed to market psychology, as Beyond Meat is one of the most shorted stocks, leading to rapid price increases when buying pressure arises [10] Long-term Viability - The company has experienced significant volatility, with its stock plummeting 97% from its peak of $192 in 2021 to below $6 by late 2023, indicating ongoing challenges in achieving recovery [11][12] - The recent partnership with Walmart may enhance visibility, but it does not guarantee long-term viability, as sales are declining and losses are substantial [12][13]