Wendy's stock saw a significant increase following a surge of interest from retail investors on Reddit's WallStreetBets. Despite a 25% decline earlier in the year, the fast-food chain is now being viewed as a new meme stock, prompting discussions on its implications for the brand's market presence.

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Wendy’s Is the New Meme Stock. What It Means For the Burger Chain.

By George Glover

and Evie Liu

Updated June 24, 2026, 11:38 am EDT / Original June 24, 2026, 7:09 am EDT

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Wendy’s stock was down 25% for the year through Tuesday’s close. (Brandon Bell/Getty Images)

Wendy’s stock was surging Wednesday after several users on Reddit’s WallStreetBets subreddit called for retail investors to buy shares in the struggling fast-food chain.

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Wendy's Stock Soars 35%. It Could Be the Next Meme Stock.

Wendy’s Is the New Meme Stock. What It Means For the Burger Chain.