The champagne corks will be popping like a 21-gun salute for investors in Beyond Meat’s early May Nasdaq IPO, with the shares they had bought for $25 closing at an eye-watering $138 on Friday.

The short sellers have started to raise the speculative eyebrow, with one tweeting that the hype has become "beyond stupid". But the story has captivated retail investors, who appear to be driving demand for the stock...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.