Why Beyond Meat Stock Is Soaring Today
Beyond Meat (NASDAQ: BYND) stock is zooming higher in Wednesday's trading. Its share price was up 7.8% as of 1 p.m. ET amid bullish momentum for the broader market. The S 500 was up 0.6% at the same point in the day, and the Nasdaq Composite was up 1.1%.
Stocks are moving higher today thanks to news that the U.S. has extended its ceasefire with Iran. Beyond Meat's valuation is also rising thanks to new product launches and meme-stock momentum.
Image source: Getty Images.
Source Fool.com
