Beyond Meat: Fake meat, real volatility as investors chase gains on Sharesies, Hatch and Moomoo

Beyond Meat: Fake meat, real volatility as investors chase gains on Sharesies, Hatch and Moomoo
You want money with that? Traders have been cranking up shares in plant-based burger outfit Beyond. (Image: Beyond Meat)
Rebecca Stevenson
Kiwi investors have been jumping on the latest so-called meme stock, plant-based meat substitute maker Beyond Meat.Beyond’s shares rose more than 1000% in days, before falling back – although still well above where they started.The Sharesies app showed Beyond among the top 10 most-traded stocks, alongside Air NZ, Fonterra Shareholders Fund, Santana Minerals and the so-called “Magnificent Seven” US tech stocks such as Nvidia.Sharesies is the largest platform for retail shareholders, with more than 880,000 accounts.It has...

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