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Why Wendy's Long-Slumping Stock Rebounded in a Big Way on Wednesday

Source: Motley Fool

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.

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Wendy's Company (The)

NASDAQ: WEN

WEN Trading

-1.25% G/L:

$7.125 Last:

3,148,590 Volume:

$7.16 Open:

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WEN Latest News

WEN Stock Data

$1,499,877,474
157,982,018
2.95%
197
N/A
Restaurants & Bars
Consumer Discretionary
US
Dublin

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