Wendy's turns lower as meme rally fails to extend to a second day — Live Feedhttps://www.live-feeds.com/feed/wendy-s-turns-lower-as-meme-rally-fails-to-extend-to-a-second-dayContinuously updated, source-cited coverage. Wendy's Shares Decline as Meme-Driven Rally Loses Momentumhttps://www.live-feeds.com/feed/wendy-s-turns-lower-as-meme-rally-fails-to-extend-to-a-second-dayhttps://www.live-feeds.com/feed/wendy-s-turns-lower-as-meme-rally-fails-to-extend-to-a-second-day#u19041Tue, 30 Jun 2026 16:21:43 +0000Wendy's stock fell nearly 7% on Thursday after a volatile, double-digit surge earlier in the session. The decline followed a massive rally sparked by retail traders and a viral Reddit post. Analysts suggest the price action was driven by social media enthusiasm rather than company fundamentals.What's confirmed:The Wendy's Company named Steve Cirulis as Chief Financial Officer and Chief Strategy Officer.Wendy's shares rose 25.7% on June 24.Retail traders and a viral Reddit post triggered a meme-like rally for Wendy's stock.The stock fell nearly 7% on Thursday after an initia