Wendy's Soars, Hertz Tumbles, Absci Surges
Today's biggest winners and losers in the stock market, a look at the notable movers:On this episode of Stock Movers:- The meme-stock crowd is rallying behind another beaten up American icon — Wendy’s (WEN) the fast-food chain known for the Frosty, Dave’s Triple burger and the Biggie Deal. The company’s shares, which had been on a steady downward slide for the past three years, surged as much as 42% on Wednesday, triggering a volatility halt, before paring the gain. It was the biggest jump since March 2020, when it joined other stocks in rebounding from the crash…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.