Heavily shorted Wendy's stock is soaring for the second day in a row after capturing the attention of retail investors on Reddit.
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Wendy's Short Squeeze Continues. Stock Soars Another 14%.
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The meme traders haven't let up in their relentless effort to drive up the the price of Wendy's stock. Ahead of Thursday's open, shares were up around 14%, after having risen as much as 40% on Wednesday, according MarketSurge. The stock eventually closed the session up 25%. Wendy's (WEN) appears to be the latest stock driven to massive gains in…
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