Beyond Meat just became the textbook meme stock case study. In just 5 days (Oct 16-21), BYND went from $0.52 to $3.62—a 596% moonshot that had everyone wondering wtf was happening.

People initially blamed short squeeze mechanics (short interest did hit 51.8M shares), but here's the thing: turns out it was mostly social media FOMO energy. Classic meme stock playbook—rockets up, then crashes back to reality.

By Nov 11, the stock was already down to $1.22. So much for that rally.

The real tea? Beyond Meat's fundamentals are actually struggling hard. Q3 revenue dropped 13.3% to $70.2M, volume tanked both domestically and internationally. This isn't a turnaround story—it's a company in slow decline that got caught in a viral moment.

TL;DR: Don't chase the meme. The numbers tell you everything you need to know.