Wendys

$Wendys(WEN.US)

Wendy’s is up 20% overnight as the stock is going viral on r/WallStreetBets.

The most viral post wrote this as their thesis:

“My fellow regards. We need to save Wendy’s before it’s too late. If this company goes bankrupt, we’ll all be out of a job!”

Source: amit

I find it interesting that the degens on $Reddit(RDDT.US) are starting a viral campaign to save Wendy’s ( $Wendys(WEN.US) ).

The US fast food burger chain.

And the stock price is now up 20% overnight.

Just for background: Wendy’s is a popular community meme, where people work behind the dumpsters after their portfolios go to 0 from 0DTE options.

(No positions, just found it amusing)

I wonder if it’s going to work?