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How Wendy's Became a Meme Stock in June 2026
Lucas and Luna dive into the latest meme stock frenzy: Wendy's surged 30% in a single day on June 24, 2026, with multiple trading halts. They break down what happened—citing the catalyst of a Reddit post about the chain's new breakfast menu and potential franchise buyback—and compare it to classic meme stock behavior. Lucas notes that unlike GameStop or AMC, Wendy's actually has solid fundamentals: a 3.5% dividend yield and $1.8 billion in annual free cash flow. Luna questions whether this rally can last, pointing out that short interest is only 12%, far lower than past meme…
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