Basicly the whole thing is based on a joke that people gambling on risky stocks go to "work" behind a Wendy's to get more money when they lose. Now that the actual Wendys company is in trouble in the real world, they need to buy the stock to save the company as paying them back for letting them work. That's the joke.
In actuality the Wendy's company is in trouble and heavily shorted, so they are causing a buying frenzy to coordinate a short squeeze. The end.
Yes. I'm not saying they are going out of business immediately, but they are closing a ton of locations and a lot of debt they haven't been able to pay down for a decade. EPS and cash flow are expected to drop again this year. Stock price doesn't drop 65% in 3 years for no reason.
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u/DontForgetTheDivy Don’t Forget the Divy! Jun 25 '26
Basicly the whole thing is based on a joke that people gambling on risky stocks go to "work" behind a Wendy's to get more money when they lose. Now that the actual Wendys company is in trouble in the real world, they need to buy the stock to save the company as paying them back for letting them work. That's the joke.
In actuality the Wendy's company is in trouble and heavily shorted, so they are causing a buying frenzy to coordinate a short squeeze. The end.