Wendy's Stock Surges Amid Meme-Stock Frenzy Despite Franchise Struggles
On June 24, 2026, Wendy’s stock (NASDAQ: WEN) surged over 25% in a single day due to social media-driven momentum. However, the company's franchise system is underperforming with U.S. same-restaurant sales declining by 7.8%, contrasting its internally operated stores' success.
Topics: franchise performance meme stock surge Project Fresh Wendy's