Wendy’s Stock Climbs 30% as WallStreetBets Targets a GameStop Repeat

Wendy’s stock climbed almost 30% on Wednesday after traders on Reddit’s WallStreetBets forum rallied behind the struggling burger chain, reviving the meme-stock playbook that powered GameStop in 2021. The rally lifted Wendy’s shares (WEN) to an intraday high near $8.89 and triggered at least one volatility halt, even as sales keep sliding. Why Wendy’s Stock