BUSINESSNY POST
Wendy’s surges over 40% after viral Reddit post ignites meme-stock frenzy
Wendy’s stock surged over 40% following a viral Reddit post that sparked a meme-stock frenzy, leading to a brief volatility halt. The surge was attributed to the online frenzy rather than the company’s fundamentals.
Related Signal
Adjacent reporting
- Wendy's stock soars as meme traders target another turnaround play
- Wendy's stock soars as meme traders target the struggling fast-food chain
- Snowflake surges 35% toward best day ever on AI frenzy, fueling software rally
- Ford surges 20% in two days. It might be an AI 'meme' stock after energy pivot
- Investors haven’t been this bullish since the peak of the 2021 meme-stock frenzy, according to this chart
- AI Mania Makes Old-School Industrials Behave Like Chip Stocks