The rapid rally in shares of Beyond Meat Inc. has sent some short sellers scrambling to exit their positions to avoid further damage, while still others doubled down on their bets against the stock.

Over four days, shares of the beleaguered plant-based protein producer from El Segundo surged more than 1,300% through Wednesday’s intraday peak. That’s pushed short sellers’ paper losses to more than $120 million from last week’s record low close, according to data from S3 Partners LLC.

The rapid about-face from an all-time low to a 14-month high helped swing the tide to a more than $45 million paper loss year to date. Before the retail trader-driven rally, shorts had paper profits of nearly $80 million in 2025.

Beyond is the latest name to be caught in the renewed casino-like trading mania

See Full Page