Beyond Meat's share began the crazy rally already at the end of last trading week.
The share had when Wall Street closed on Tuesday risen from the historical bottom level of 52 cents the week before to 3.62 dollars. And in futures trading ahead of Wednesday, the rally continues upwards to almost double the levels – around 7.30 dollars.
This would be the highest price in about a year for the Beyond Meat share, whose historical peak was set in January 2021 at 221 dollars per share.
The recent days' price rally gained momentum after the online magazine Business Insider reported that market profile Demitri Semenikhin had made positive statements about the share on social media.
