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Beyond Meat shares surge over 1,000pc in ‘meme stock’ frenzy

The surge in Beyond Meat’s share price has been partly driven by a Dubai-based trader called Dimitri Semenikhin - Mike Blake/Reuters Shares in fake meat business Beyond Meat have soared almost 1,300pc in under a week as so-called “meme stock” investors plough into the unloved US business. Speculators on social media have been scooping up shares in the plant-based meat maker, making it the most traded stock on Wall Street. Despite having a market capitalisation of just $2.5bn (£1.9bn), more shares in Bey ...