Why Wendy's Long-Slumping Stock Rebounded in a Big Way on Wednesday
2026-02-18 13:32:30 ET
After months of declines, shares of Wendy's (NASDAQ: WEN) were rebounding in a big way on Wednesday. The cause: Longtime investor Nelson Peltz said he may soon push for changes at the slumping fast-food giant -- the kinds of changes that could drive the stock higher.
It's already working, at least for the moment. As of 1:00 p.m. ET, Wendy's shares were up about 16.8% from Tuesday's closing price.
Wendy's shares have been slumping for months. A major investor said Wednesday that he's tired of that trend. Image source: The Wendy's Company.
NASDAQ: WEN
WEN Trading
-1.25% G/L:
$7.125 Last:
3,148,590 Volume:
$7.16 Open:



