Meme Stock Traders Target Wendy's as Shares Surge
Shares of fast-food chain Wendy's (WEN) surged nearly 26% after being tagged on Reddit and other forums by meme stock traders, similar to the GameStop phenomenon. The rally was driven by a viral post calling for investors to 'save' Wendy’s from its declining share price.
Topics: GameStop Reddit stock surge WallStreetBets Wendy's