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

In brief

• Meme stock traders on Reddit have put their efforts behind fast-food chain Wendy’s.
• Shares in the firm have bounced over 25% on Wednesday amid a surge of posts seeking to “save” the franchise.
• Even after the daily spike, WEN shares have fallen 66% in the last five years.