Jamie Carr Columnist

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.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now