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0.00223513634331694 0.00134108180599009 -0.00223513634331694 -0.00616897630755474 0.00107286544479205 0.0133214126061689 0.00739293696915507 -0.00125167635225749
Stock impact report

How Coronavirus Could Accelerate The Short Squeeze In Beyond Meat [Seeking Alpha]

Beyond Meat, Inc. - Common stock (BYND) 
Last beyond meat, inc. - common stock earnings: 2/27 04:05 pm Check Earnings Report
Company Research Source: Seeking Alpha
SummaryThe coronavirus pandemic is forcing meat processing facilities to shut down, threatening a shortage of meat in the United States.At the same time, heavily shorted meat substitute company Beyond Meat rallied 48 percent in the last week, with the idea that meat shortages will boost demand for their product.Close to 25 percent of Beyond Meat shares are currently sold short, and the recent price rise has begun to put pressure on short-sellers.Headlines are likely to continue to get worse around the US meat shortage, and retail traders at outlets like Robinhood can pour gasoline on the Beyond Meat fire.How Beyond Meat can help you understand the finance theory on short squeezes.Coronavirus Is Crushing US Meat ProductionIf you haven't heard yet, the coronavirus pandemic is forcing shutdowns of a large proportion of UStoilet paperslaughterhousesminimum wage in less-than sanitary conditions,When disease hits slaughterhouses, it spreads like wildfire. As a result, over the last week, th Show less Read more
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