24-06-2026 15:39 via businessinsider.com

Wendy's stock is surging. Retail traders hope it's the next big short-squeeze.

Beata Zawrzel/NurPhoto via Getty ImagesWendy's stock surged 37% on Wednesday.Retail traders see the fast food chain as a potential short-squeeze target. Others are cautious, pointing to the Beyond Meat short-squeeze that quickly fizzled. Wendy's was already the subject of retail traders' favorite memes. Now they're hoping it'll be their new favorite meme stock. The fast food chain suddenly exploded on Wednesday, surging by as much as 37%. Trading volume soared to 46 million shares compared to th
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