The Next GameStop? Meme Stock Traders Make Biggie-Size Bet on Wendy's

Decrypt·

The Next GameStop? Meme Stock Traders Make Biggie-Size Bet on Wendy's

60-second summary

Retail traders are placing big bets on Wendy's shares, potentially positioning the fast-food chain as the next GameStop. The stock's price has surged by 10% in the past week, driven by a surge in trading volume.

Shares in fast-food chain Wendy's might be the next hot meme stock for retail investors hungry for a cause.