WEN is trading 16.41% up at $9.15 following a sharp two-day surge driven by heavy retail speculation and meme-stock momentum.
- The rally is reportedly tied to a Reddit-fueled save Wendy’s narrative and unusually high trading volume rather than a fundamental company announcement.
- The move follows a significant session where shares rose over 42% intraday on June 24, eventually closing up 25.7% at $7.86 as retail enthusiasm intensified.