Wendy's jumps 25.7% as retail traders drive meme-stock squeeze
What's new: Net buying was running at more than 50 times Wendy's 20-day average, while about 23% of its free float was sold short.
Bloomberg, CNBC +1
Series
Wendys · Meme Stock Surge
Wendy's jumps 30% as meme-stock traders trigger NYSE halt
What's new: About 23% of Wendy's free float was sold short, leaving the burger chain exposed to a squeeze as Reddit chatter surged.