Wendy's Shares Surge as Reddit Traders Push Meme Stock Bet

robot
Abstract generation in progress
Wendy's shares jumped more than 25% on Wednesday after Reddit traders promoted the fast-food chain as a meme stock target. Yahoo Finance data shows more than 203 million shares traded before the market close, compared with a typical average below 10 million. A related WEN meme coin on Solana rose more than 1,450% to a $439,000 market cap in the last 24 hours.
MEME-7.06%
SOL-3.44%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned