WEN Stock Surges Over 40% Following Reddit Meme Movement
2026-06-24 21:42

Woofun AI reports that Wendy's (WEN) shares surged over 40% at the U.S. market open, reaching $8.78. This sharp increase follows a Reddit-driven movement targeting the fast-food chain, sparked by Serenity's tweet regarding retail trader activity. The online community referenced the 'working behind Wendy's dumpster' meme, a common self-deprecating joke among WallStreetBets users facing losses. Serenity clarified they hold no position in the stock and expressed uncertainty about the movement's success.

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Serenity
Reddit
WallStreetBets
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