Wendy’s stock surged 37% following a wave of interest from Reddit’s r/WallStreetBets community, which encouraged investors to "save" the fast-food chain after its shares had fallen nearly 50% over the past year. The sudden buying frenzy led to the largest intraday gain since 2021, with trading volume spiking significantly. This rally comes amid Wendy’s recent leadership changes and ongoing challenges like declining sales and inflation pressures. Investors are watching to see if this meme-stock momentum can sustain a turnaround for the company.
Shares of Wendy’s surged 25% at market open following a wave of retail investor interest sparked by a viral WallStreetBets post urging to 'save Wendy’s.' The fast-food chain’s stock had fallen nearly 73% over five years, prompting traders on Reddit t...
Wendy's stock surged 27% to $7.97 after appointing Steve Cirulis as the new CFO, sparking a rally driven by retail investors on Reddit targeting a short squeeze. Despite the stock's recent lows due to weak sales and traffic, the new CFO's track recor...
Wendy's stock surged over 16% in premarket trading following the appointment of Steven Cirulis as CFO and chief strategy officer. However, the sharp rise seems driven more by retail investors viewing Wendy's as a turnaround play after its stock halve...
Wendy's has named Steve Cirulis as its new Chief Financial Officer and Chief Strategy Officer, effective June 23, 2026, succeeding Ken Cook who will stay on as an advisor until July. Cirulis brings nearly 30 years of experience from major brands like...
