Serenity Mocks Reddit Retailers for Launching Save Wendy's Movement, WEN Surges Over 20% in After-Hours Trading

BlockBeats News, June 24th, Serenity tweeted teasing Reddit's high-risk trading community's latest meme stock movement, targeting the American fast-food chain Wendy's. According to Bitget market data, Wendy's (WEN) has surged over 20% in after-hours trading, while plummeting over 73% in the past five years. The Reddit high-risk trading community jokingly warned, "If Wendy's goes bankrupt, we will all be out of jobs, and after losing all our trades, we'll have to work behind Wendy's dumpster." Serenity later stated that she had no position and just found it amusing, expressing uncertainty about the success of this activity.

Wendy's holds a special cultural status in the Reddit WallStreetBets community, and over the years, "working behind Wendy's dumpster" has always been a retail investors' self-deprecating inside joke.