Beyond Meat short sellers lose more than $400 million as stock rockets higher
In this May 2, 2019, file photo Beyond Meat CEO Ethan Brown, center, watches as his company’s stock begins to trade following its IPO at Nasdaq in New York. Mark Lennihan | AP Short-sellers lost $398 million betting against Beyond Meat through Friday, according to research S3 Partners. And those losses got bigger on Monday as the stock surged yet again. The shares jumped 22% on Monday, following a 39% surge on Friday. The stock is up almost 600% from its IPO price of $25 per share in early May. Short sellers including Citron Research’s Andrew Left scrambled to cover bets against
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