The "Retail Investors vs Wall Street" concept token WEN continues its strong performance, surging over 18% during the night session
BlockBeats news, on June 25, according to Bitget market data, Wendy's (WEN) saw a surge of 25.66% at close, and then rose another 18.96% in after-hours trading, currently quoted at $9.35.
Previously, it was reported that Serenity posted on Twitter, joking about the latest meme stock movement taking place in the high-risk trading community on Reddit, targeting the American fast-food chain Wendy's. The Reddit high-risk trading community gave a meme warning: "If Wendy's goes bankrupt, none of us will have jobs, and after losing all our money trading, we'll have to work behind Wendy's dumpster." Serenity later clarified that they had no positions, just found it amusing, and said they didn't know whether this activity would succeed.
Wendy's holds a special cultural status in the Reddit WallStreetBets community. For years, "working behind Wendy's dumpster" has been a standard self-deprecating joke among retail investors lamenting their losses.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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