Wendy's jumps amid elevated retail trader interest

Wendy's

24/06/2026 10:16

** Wendy's shares WEN.O jump 14% to $7.13 premarket 
** Retail traders bought a net $2.2 million worth of WEN shares so far this week vs $109,600 last week - Vanda Research data
** Fast-food restaurant chain is No. 1 trending ticker on retail investor forum Stocktwits
** Third-most mentions on Reddit forum r/WallStreetBets over last 24 hours - sentiment aggregator SwaggyStocks 
** Short interest at 26.4% vs 14.6% at start of 2026 - LSEG-compiled data 
** WEN on Tuesday named industry veteran Steve Cirulis as CFO after last month's CEO change
** Activist investor Nelson Peltz's Trian Fund Management exploring investor backing for a potential bid to take WEN private, FT reported in May
** YTD, as of last close, WEN down 24.9% vs 8.4% rise in S&P 600 Restaurants index .SPSMCREST

(Reporting by Shashwat Chauhan in Bengaluru)
((Shashwat.Chauhan@thomsonreuters.com))