What Investors Should Know About Wendy's Sudden Surge
Yahoo Finance ·
Meme stock mania strikes again, with The Wendy's Company ( WEN +6.41% ) shares soaring as much as 42% this week. No, Wendy's didn't suddenly sell a record number of hamburgers or launch a new signature sandwich . The surge was caused by a viral post on Reddit 's ( RDDT +5.60% ) infamous WallStreetBets forum. The group decided to rally behind Wendy's as an institution worth "saving."
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