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● LIVE Updated 27d ago · 16 sources tracked

Wendy's shares soar for a second day as retail investors pile into their new meme darling

Wendy's shares experienced a rapid rally driven by retail investors and a viral Reddit post. The stock surged 25.7% in one session and gained another 9% the following day. Recent trading shows high volatility, with the stock closing at 8.26 on June 29, 2026.

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What changed

The stock has shifted from a rapid double-digit rally to a more volatile state with recent price fluctuations.

Live updates

  1. Wendy's Stock Volatility Follows Meme-Stock Surge

    Wendy's shares experienced a rapid rally driven by retail investors and a viral Reddit post. The stock surged 25.7% in one session and gained another 9% the following day. Recent trading shows high volatility, with the stock closing at 8.26 on June 29, 2026.

    What's confirmed:

    • The Wendy's Company named Steve Cirulis as Chief Financial Officer and Chief Strategy Officer.
    • Wendy's stock rose 25.7% in a single session, marking its largest advance since June 2021.
    • Retail investors on Reddit drove a meme-like rally for the company's stock.
    • The stock closed at 8.26 on June 29, 2026.

    Still unconfirmed:

    • Retail traders hope the stock is the next big short-squeeze.
    • Wendy's shares soared 42% following a viral Reddit post.
    • The stock fell nearly 7% after surging by double digits earlier in the day.
    confidence 90%