*All data in graphs retrieved from finance.yahoo.com (if not stated otherwise)
Beyond Meat (BYND) is without a doubt overvalued. With a pre-IPO fair value of $25 a share, Beyond Meat has managed to gain more than 600% per Friday's close. That's still under their 800% figure the Friday before. Beyond Meat is purely a speculative play, as investors know nil about the industry nor the company's potential specifically. Yet, investors are still pouring their money in left and right.
Although Beyond Meat offers its vegan alternatives in grocery stores, the bulk of its sales, and