Beyond Meat, Inc. (BYND) stock soared 37.02% in pre-market trading on Wednesday, continuing its remarkable rally that has seen the plant-based meat alternative company's shares skyrocket nearly 300% since the beginning of the week. The latest surge comes on the heels of the company's announcement to expand its distribution in Walmart stores, further fueling the meme stock-like frenzy surrounding BYND.

The stock's meteoric rise began after its inclusion in the Roundhill Meme Stock ETF (MEME) earlier this week, triggering a massive short squeeze as over 63% of the company's tradable shares were shorted prior to the rally. Beyond Meat's expanded partnership with Walmart, which will see select products, including the new Beyond Burger 6-Pack, available in over 2,000 stores nationwide, has added momentum to the surge.

While the recent stock performance has provided a reprieve for the beleaguered company, whose shares had fallen to record lows last week, investors should remain cautious. Beyond Meat continues to face fundamental challenges, including declining revenue and ongoing profitability issues. The company is set to report its third-quarter financial results on November 4, 2025, which may provide further insight into its ability to capitalize on this renewed attention and translate it into sustainable business growth.