Midday stock updates: Wendy’s, Vestis, Cleanspark, Under Armour and others
Market Update: Key Movers at Noon Here’s a look at some of the companies making significant moves in the market today: Vestis – The uniform and apparel manufacturer saw a remarkable increase of over 30% after its second-quarter fiscal results surpassed expectations. They also upgraded their EBITDA forecasts for fiscal 2026. Zebra Technologies – Shares […]
Wendy’s stock jumps 14% after news that investor Nelson Peltz is looking for financing to make the struggling restaurant chain private.
According to the Financial Times, activist investor Nelson Peltz’s Trian Fund Management is rallying investor support for a bid to take the fast-food chain Wendy’s private. Wendy’s shares, which have a market capitalization of $1.3 billion, saw a rise of around 14% on Tuesday. The discussions about Wendy’s come at a time when major national […]
Stocks with the largest midday changes: Corning, Qualcomm, Wendy’s, Trade Desk and others
Intraday Trading Highlights Here’s a look at some stocks that are making waves in intraday trading. The Trade Desk experienced a drop of about 7%, marking its fourth consecutive day of losses. HSBC has revised its rating for the company, lowering its price target from $31 to $20, which suggests a nearly 13% decline from […]
Wendy’s acknowledges it failed in its value strategy as McDonald’s takes its market share.
Wendy’s Plans Store Closures Amid Declining Sales Wendy’s announced on Friday that it will shut down between 298 and 358 locations across the United States as part of a shift to emphasize everyday value, largely due to declining sales figures and a disappointing fourth quarter. The company reported a significant drop in domestic same-store sales, […]
Wendy’s will close hundreds of restaurants across the US — here are the locations that have already shut down
Wendy’s to Close Hundreds of U.S. Locations Amid Sales Decline Wendy’s is set to shut down a significant number of its restaurants in the U.S. following an 11.3% drop in sales within the country. Some locations have already ceased operations. The fast-food chain plans to close about 5% to 6% of its U.S. restaurants, translating […]
Dave Thomas once expressed regret about naming Wendy’s after his daughter.
Wendy Thomas Reflects on the Legacy of Her Father, Dave Thomas While many know that Dave Thomas, the founder of Wendy’s, named the fast-food chain after his daughter, less is known about his initial hesitation regarding that choice. Wendy Thomas was just eight years old when her father opened the now-famous restaurant in Columbus, Ohio, […]
Wendy’s discreetly announces 300 store closures for next year — here are the impacted locations
Wendy’s to Close Hundreds of U.S. Restaurants Wendy’s has announced its intention to shut down hundreds of locations across the United States in an effort to enhance profitability and make remaining restaurants more appealing. During a recent investor conference call, the Ohio-based fast-food chain revealed plans to initiate closures in the fourth quarter of this […]
Wendy’s Declines to Apologize for Mocking Katy Perry’s Blue Origin Space Flight
Popular fast food chain Wendy’s refused to apologise for ocking Katy Perry’s Blue Origin Space Flight, but offered the pop star what appears to be Sard Nick’s admiration, praised the “Teenage Dream” singer for “talents in this world.” “We always bring a little spice to our society, but Wendy respects Katy Perry and her talents […]
Could this Girl Scout cookie become newest Wendy’s Frosty flavor?
Wendy's may introduce an entirely new flavor of Frosty that incorporates a special ingredient: Girl Scout Cookies. An Instagram account called “Snackolator” recently posted about the new Thin Mint Frosty, which will be arriving at Wendy's stores nationwide in February. “I'm crying tears of Thin Mints joy right now because Wendy's is launching the best […]
Wendy’s brings back fan-fave Frosty deal in time for holiday season
Wendy's celebrates the holiday season by giving back to customers and children in need. Fan-favorite Frosty Key Tags are returning to restaurants and the Wendy's app, giving Frosty lovers even more deals in 2025. The $3 keychain will give you a free Jr. Frosty with every store visit throughout the year. The fan-favorite Frosty Key […]