Are retail investors battling Wall Street again? Beyond Meat skyrockets six times in three days, becoming the latest meme stock.

Reddit retail investors are excited: “The time for shorts is running out, and we will witness how chaos turns into profit.” (Background: Bitcoin has fallen below 108,000, while gold has risen to a new high of over 4,300 dollars. What happened in the safe-haven market?) (Background: Gold has broken the historical high of 4,200 dollars! Silver has also broken records, leading to an endless surge in safe-haven assets?) Remember the “retail war against Wall Street” surrounding GameStop (GME) four years ago? In early 2021, centered around the WallStreetBets (WSB) forum on Reddit, a group of retail investors discovered that GameStop (GME) stocks were being shorted by well-known short-sellers like Citron Research and Melvin Capital. The retail investors then decided to buy up stocks and call options in large quantities (of course, with help from other opposite institutions), driving up the stock price to attack the shorts. The eventual outcome was that GameStop (GME) skyrocketed within a short period, leading to short-sellers admitting defeat and closing positions, with Citron suffering heavy losses and Melvin Capital even nearing bankruptcy. This “battle” has been viewed as a symbolic victory of “retail vs Wall Street” and has been talked about in the market for years. Now, a similar script is unfolding with another company, Beyond Meat (BYND). In the U.S. stock market, Beyond Meat (BYND) closed at 3.62 dollars on the 21st, surging 146.26% in a single day. (In three days, the increase reached as high as 6 times) Beyond Meat (BYND) is a plant-based meat company that saw its stock price soar to a peak of 239.71 dollars shortly after its IPO in 2019, but subsequently fell sharply due to market conditions and operational issues (five consecutive years of losses), dropping to a historic low of 0.6 dollars earlier this month. Although the recent stock price recovery of Beyond Meat (BYND) is partly related to the improvement in its operational fundamentals (this week, it announced a partnership with Walmart, with products available in over 2,000 Walmart stores), the main reason for the explosive rise is indeed the concentrated buying by retail investors. Stock and cryptocurrency trader ₿IGRYAN (@BigRyanPark) commented on X: “Retail investors have driven the stock up over 360%… This has raised concerns among hedge funds that shorted 54.01% of the shares in circulation. The extent of this rebound is not yet enough to trouble hedge funds, but this situation could change because the internet loves this exciting story…” According to updates from CNBC, FactSet data shows that over 63% of the tradable shares of Beyond Meat (BYND) have been sold short. Additionally, Roundhill Investments has included this stock in its Roundhill Meme Stock ETF (MEME), further intensifying the short squeeze in the market. On Reddit, the previous battleground of the GameStop (GME) war, Beyond Meat (BYND) is becoming the latest discussion focus, with some community comments highlighted. Reddit user @cornecorne2 provided a relatively rational analysis: In very rare cases (the 2021 GameStop incident is the first example), individual investors or other hedge funds will create buying pressure, pushing the stock price to surge rapidly. At this time, many investors hold short positions and put options, which may trigger a “gamma squeeze.” Amid the market's fervent FOMO sentiment, thousands of new investors flood into the market, all bullish, while short-sellers find themselves in trouble as there are no more shares available to short, forcing them to close positions. This could lead to stock prices soaring 10 to 100 times within days, weeks, or even months. Therefore, BYND is currently in the very early stages of this situation, and if one easily sets take profit levels, one might regret it when the “gamma squeeze” and short squeeze truly occur. Reddit user @No_Feedback_630 stated: The WallStreetBets board keeps deleting BYND posts, yet today the trading volume exceeded 1 billion – this scenario is almost identical to the GameStop incident. The more they try to suppress discussions, the more this matter will ferment into a major news story. Reddit user @NoPixel_ expressed: Today's trading of BYND takes me back to that golden period in 2021. Reddit user @hxtimx remarked: How many years has it been? Those big institutions, hedge funds, and shorts have been toying with us, laughing at retail investors being crushed behind the screens. Now? We see the truth. Every piece of fake news, every manipulative short squeeze attempt is their doing. Now it's our turn to act; the time for shorts is running out, and when they close positions, it will be a difficult scene – and we will witness how chaos turns into profit. Buy! Hold! Watch them struggle to survive! In addition to various radical bullish comments, many others are making price predictions for BYND, 4 dollars, 6 dollars, 10 dollars, 100 dollars… the numbers are getting crazier. As the trading heat of Beyond Meat (BYND) rises, some projects in the circle have also sniffed this opportunity. Last night, the contract trading platform Vest, which supports derivative trading of U.S. stocks, announced the launch of BYND contract trading, with a maximum leverage of 5 times. That said, although the community hype around Beyond Meat (BYND) has reached a certain scale, it still falls short of the enormous heat of GameStop (GME) back then. More importantly, similar scripts do not necessarily end the same way. The content described in this article is merely a phenomenon and not investment advice. For investors, especially when dealing with such highly volatile investment targets, it is essential to conduct thorough research and understand the risks before making any moves. Related Reports: Former PayPal President: Bitcoin breaking 1 million dollars is just a “matter of time,” market capitalization could match gold. Why Gen Z young people don't buy gold, but prefer to embrace the highly volatile Bitcoin? Gold breaking through 3,600 dollars new high “experts say it will rise further,” U.S. unemployment rate collapsing, interest rate cuts favoring Bitcoin? <Is the retail war against Wall Street reappearing? Beyond Meat surges six times in three days, becoming the latest meme stock> This article was first published in BlockTempo, the most influential blockchain news media.