Business
Wendy’s Stock Gets Boost From Retail Traders
Users poured into a Reddit forum called “WallStreetBets”–known for sparking huge rallies of other so-called meme-stock trades like GameStop–yesterday evening with messages like, “We need to save Wendy’s before it’s too late.”
Also yesterday, Wendy’s named a new chief financial officer in Steve Cirulis, who had been holding the same role at the sandwich chain Potbelly, as part of its wider turnaround plans.
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