BlockBeats News, June 25th, according to Bitget market data, Wendy's (WEN) surged 25.66% at close, and another 18.96% in after-hours trading, now trading at $9.35.
Earlier, Serenity tweeted mocking the latest meme stock movement unfolding in the Reddit high-risk trading community, targeting the U.S. fast-food chain Wendy's. The Reddit high-risk trading community jokingly warned, "If Wendy's goes bankrupt, we'll all be out of jobs, after losing all our trades, we'll have to work behind Wendy's dumpster." Serenity later stated that they had no position and just found it interesting, expressing uncertainty about the success of this activity.
Wendy's holds a special cultural status in the Reddit WallStreetBets community, and for years, "working behind Wendy's dumpster" has been a common self-deprecating joke among retail investors who incurred losses.
