Beyond Meat Stock Rises After Reverse Split, but Nasdaq Test Is Not Over
2 Articles
2 Articles
Beyond Meat (BYND) Stock Surges 10% Following 1-for-30 Reverse Split Implementation
Key Takeaways BYND shares climbed more than 10% following the execution of a 1-for-30 reverse stock split on Friday. The consolidation was necessary to comply with Nasdaq’s minimum $1.00 bid price threshold ahead of the August 31 compliance deadline. The split consolidated 30 pre-existing shares into a single share, while authorized shares dropped from 3 billion to 100 million. TD Cowen’s Robert Moskow adjusted his price target upward to $15, m…
Beyond Meat Stock Rises After Reverse Split, but Nasdaq Test Is Not Over
NEW YORK, August 14, 2026, 12:51 p.m. EDT Beyond Meat traded at $13.56 after its 1-for-30 reverse split. The preliminary intraday gain was 11.1%, not a 30-fold value increase. Nasdaq compliance still requires 10 straight closes above $1. Beyond Meat, Inc. (NASDAQ:BYND) rose 11.1% on Friday after its reverse split. Shares traded at $13.56 at…
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