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Wendy’s soars 42% following viral Reddit post (opens original article in a new tab)

TL;DR

Wendy’s stock rose 42% after a viral Reddit post, triggering a trading halt without any official news.

  • Wendy’s stock surged 42% on Wednesday without any news announcement.
  • The surge was linked to a viral Reddit post on WallStreetBets urging support for the company.
  • The stock's volatility led to a trading halt, its biggest jump since March 2020.

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