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"White-haired Stock God" Serenity: Reddit retail investors are launching a movement to save Wendy's, causing the stock price to surge 20% overnight

MeNews
ME News report: On June 24 (UTC+8), “White-Haired Stock God” Serenity posted on the X platform, saying that they noticed the Reddit community retail traders (degens) have recently launched a viral campaign targeting the American fast-food chain Wendy's (WEN), and that the company’s share price jumped by about 20% overnight. Serenity explained that Wendy's has long been one of the classic memes in the U.S. retail-trader community, stemming from the internet meme “investors can only go work at Wendy's after 0DTE options go to zero,” which has made it fairly well-known in speculative culture. Serenity said that it is currently unclear whether this community-driven “saving Wendy’s” action will ultimately succeed, and emphasized that they do not hold any related positions—only that they find this phenomenon “very interesting.” (Source: ODAILY)
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