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Wendy’s Stock Jumps 30% as WallStreetBets Revives Meme-Stock Trade

2026-06-24 22:35:53

Abstract generation in progress

Wendy’s stock climbed almost 30% on Wednesday after WallStreetBets traders rallied behind the burger chain. The move lifted WEN near $8.89 and triggered at least one volatility halt. S3 Partners said about 23% of Wendy’s float was sold short before the rally.

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