Article Date 08/06/2021

Wendy's soars to all-time high as meme spotlight turns to restaurant stocks

Source Seeking Alpha

Wendy's (NASDAQ:WEN) soars in early trading on a move being attributed to positive mentions on Reddit.It was only a matter of time before a restaurant stock landed on the Reddit radar, which seems to focus heavily on retail chain names. Wendy's has a slightly higher short interest position outstanding on it than large restaurant chain peers.

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