Beyond Meat has been a volatile stock since its public debut. Shares jumped 163% on the first day of trading, and its highest closing price of nearly $235 in July was more than $200 above its IPO price.
The stock then came crashing back to earth. As the stock slumped from its peak, Beyond Meat announced a secondary offering and shares fell more than 10%. Then, as a lockup from the IPO expired at the end of October, allowing early investors and insiders to sell their shares, the stock fell back below $100 per share.
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