Reddit-Driven Rally Targets Wendy's as Meme Stock with High Short Interest
Wendy’s (NASDAQ: WEN) has seen a 13% surge in one week due to increased attention on Reddit and WallStreetBets, driven by its high short interest of 29%. The stock is down significantly over the past year but shows signs of retail investor enthusiasm.
Topics: Reddit short squeeze stock rally WallStreetBets Wendy's