Shares of Beyond Meat, Inc. (BYND) surged 5.52% in after-hours trading on Tuesday, October 21, 2025, extending a remarkable rally that has seen the stock skyrocket nearly 300% since the start of the week. The latest surge comes as the plant-based meat company announced plans to expand its distribution at Walmart stores and as retail investors continue to fuel a meme stock-like frenzy.

Earlier on Tuesday, Beyond Meat revealed that it will increase the availability of select products at over 2,000 Walmart stores nationwide. This expansion includes the introduction of the new Beyond Burger 6-Pack, featuring the company's latest burger in a convenient value pack. Ethan Brown, founder and CEO of Beyond Meat, stated, "We are proud to expand our distribution at Walmart, providing more consumers with access to Beyond's clean and nutritious plant protein products."

The Walmart partnership news appears to have added momentum to an already explosive rally. Beyond Meat's stock has drawn comparisons to the meme stock phenomenon of 2021, with retail investors on platforms like Reddit driving up the price despite the company's ongoing profitability challenges. The surge has been particularly painful for short sellers, who have reportedly suffered significant losses as they scramble to cover their positions. With over 60% of Beyond Meat's float sold short, the potential for a continued short squeeze remains a factor in the stock's volatility.

While the recent rally has provided a reprieve for the beleaguered company, whose stock 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's ability to capitalize on this renewed attention and translate it into sustainable business growth remains to be seen as it prepares to report its third-quarter financial results on November 4, 2025.