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Wajeeh Khan

The Next Meme Stock: Wendy's Stock Skyrockets Amid Retail Frenzy

WEN Wendys short squeeze

Wendy’s (WEN) ripped higher on Wednesday as a wave of retail frenzy transformed the fast-food chain into a meme stock.

The meteoric run on June 24 saw WEN break above its major moving averages (MAs), indicating bulls have regained control across multiple timeframes.

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