Shares of Beyond Meat leaped more than 90% in active trading on Tuesday after the plant-based meat maker announced plans to expand distribution into Walmart stores.

Beyond Meat said some of its products, including its “Beyond Burger 6-pack” and “Beyond Chicken Pieces,” will be available in 2,000 Walmart stores nationwide.

The company’s shares jumped as high as $2.98 following the news, giving it a market value of about $1.5 billion and putting it on track for a fivefold surge from last Thursday’s close of 52 cents .

Beyond Meat shares tumbled to below $1 last week. AP

More than 1.2 billion Beyond Meat shares changed hands on Tuesday.

The stock is one of the most watched on Stocktwits , a platform popular among amateur traders.

Five out of eight analysts covering Beyond Meat rate

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