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Wendy's just posted a quarter where beating Wall Street estimates still meant losing customers fast, and yet the stock is surging while McDonald's quietly bleeds year to date. The reason why changes how you should position in fast food right now.
Wendy's 28% gain in a month is fueled by retail-trader buzz, Project Fresh optimism and valuation appeal, but weak U.S. sales and cost inflation loom.
Meme stocks might look exciting, but it's best to stick with businesses with strong long-term fundamentals.
These three approaches will work at any time—though investors might especially favor them today if they fear a market drop is imminent.
The restaurant stock cut its payout a year ago.
Wendy’s stock surged as it gained popularity on the WallStreetBets community on Reddit. Should you invest in the stock now?
The company says its new strategy is working in the stores it runs itself. But the numbers from its franchise partners tell a very different story - even if a sudden wave of internet mania just completely upended the stock chart.
Wendy's spent months trying to convince Wall Street its turnaround was real. Then Reddit took over. Shares of the fast-food chain soared more than 42% intraday on June 24, 2026, briefly making Wendy's (WEN) the most talked-about ticker in retail trading circles. The "Save Wendy's" campaign ...
Shares of the beloved—but beleaguered—chain surged after individual investors rushed to defend ‘our pigtailed savior’ from detractors.
Wendy’s (NASDAQ:WEN) has recently become one of the market’s most closely watched stocks after a sharp rally this week sparked an explosion in options activity. CNBC’s Oliver Renick walked through the staggering activity on Options Action, explaining Wendy’s beaten-down turnaround story, new management, heavy short interest, and out-of-the-money calls trading at lottery-ticket prices. What the ... Investors Are Piling Into Wendy’s Stock After a 40% Rally. Here’s Why
A Reddit post with two words pushed Wendy’s (NASDAQ:WEN) onto the most-mentioned list on WallStreetBets this week, an organic retail surge mostly dormant since the original meme-stock era. CNBC’s Brandon Gomez covered the rally on Closing Bell Overtime Wednesday, identifying three classic meme-stock ingredients (a beaten-down share price, significant short interest at 29% of float, ... Reddit Wants to ‘Save Wendy’s’: Inside the Meme-Stock Rally Hunting a 29% Short
Wendy's (WEN) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.
Wendy’s joins GameStop as a meme stock after surging in value following a Reddit post urging fans to boost the brand.
Heavily shorted Wendy's stock is soaring for the second day in a row after capturing the attention of retail investors on Reddit.
Shares of fast-food chain Wendy’s (NASDAQ:WEN) jumped 27.1% in the afternoon session after it announce a leadership overhaul, layered on top of takeover speculation involving Nelson Peltz's Trian Fund Management.
A number of stocks jumped in the afternoon session after WTI crude fell below $70 per barrel, easing pressure on consumer wallets.
Shares of doughnut chain Krispy Kreme (NASDAQ:DNUT) jumped 8.6% in the afternoon session after WTI crude fell below $70 per barrel, easing pressure on consumer wallets.
Wendy's stock jumped 26% as WallStreetBets traders chased a GameStop-style short squeeze in the beaten-down burger chain.
Today, June 24, 2026, investors piled in as leadership changes fueled meme stock hype and speculation about a potential turnaround at the burger chain.

<body><p>STORY: Shares of Wendy's soared as much as 42% on Wednesday as retail traders flocked to the beaten-down stock in the latest meme-like rally.</p><p>:: Robinhood</p><p> Archive</p><p>Trading on the heavily-shorted stock was paused multiple times due to volatility, with shares at one point hitting a more than seven-month high.</p><p>:: Robinhood</p><p> Archive</p><p>Retail investors bought $2.3 million worth of Wendy's stock in just the first half-hour of Wednesday trading, building on purchases of $2.2 million earlier in the week, according to Vanda Research data.</p><p>The ticker was the #1 trending stock on retail investor forum Stocktwits Wednesday morning. It also had the second-highest mentions on Reddit forum r/WallStreetBets over the last 24 hours, according to market sentiment aggregator SwaggyStocks.</p><p>:: Wendy's</p><p>As of the last market close, shares of Wendy's had fallen more than 78% from their record highs five years ago, including a roughly 25% drop this year. The fast food chain is battling weak sales and pressure from an activist investor. Wendy's named a new CEO last month and a new finance chief on Tuesday.</p><p>Short interest in the stock stood at 34% of its free float as of Wednesday, according to financial analytics firm ORTEX.</p><p>Bearish investors in the stock are staring at $45 million in paper losses, if the gains hold.</p><p>Wednesday's move mirrors the Reddit-driven meme stock frenzy of 2021, when amateur investors pushed up shares of video-game retailer GameStop and movie theater chain AMC, burning hedge funds on the other side of the trade.</p></body>
Is Wendy's the next big meme stock?
Heavily shorted Wendy's stock is soaring after gaining traction on Reddit. The rally suggest a short squeeze is in action.
Wendy’s (NASDAQ:WEN) stock is rallying in Wednesday morning trading, with shares up 31% to $8.22 after the burger chain named a new chief financial officer. It’s one of the biggest single-day moves the stock has seen in years. The spike is coming off deeply depressed levels. Wendy’s stock closed June 23 at $6.26, a price ... Wendy’s Soars 31% as “Save Wendy’s” Meme Army Targets Short Squeeze After New CFO Hire
(Bloomberg) -- The meme-stock crowd is rallying behind another beaten up American icon — Wendy’s Co., the fast-food chain known for the Frosty, Dave’s Triple burger and the Biggie Deal.Most Read from BloombergStocks Slide as Wall Street Gets AI Wake-Up Call: Markets WrapOracle Cut 21,000 Jobs in 12 Months, Says AI Replaced Some RolesInvestor Who Scored 900% Win in 2008 Crisis Has New Big Short Bet‘FOMO Really Got Me’: Taiwanese Go Deep Into Debt to Amp 100% Stock RallyKorean Stocks Tumble 10% as