I think traders need to start filing consumer complaints on these prop firms implementing retroactive rule changes. If i purchases a 2k drawdown account with a 3k max payout that is what the F I expect to have.
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Wendy's $WEN hit $9.07, up another 15% after yesterday's +25.7% rally.
The thesis driving surge:
- $WEN has lost 66% of its value over five years, with short interest building to 30%-34% of the float.
- A viral "Save Wendy's" post on WallStreetBets Reddit triggered retail buying, sending volume past 200M shares.
- The same day, Wendy's named Steve Cirulis as CFO, reuniting him with CEO Bob Wright after their duo drove a 500%+ share price recovery at Potbelly Sandwich Works.
- $WEN's largest shareholder, Nelson Peltz's Trian Fund, is reportedly in take-private discussions at a ~$5B enterprise value.
- $WEN runs 7,000+ restaurants globally with $2.2B in revenue, but same-store sales fell 5.5% last quarter, and operating profit dropped 21.9%.
Is this a squeeze or a turnaround?
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TRUMP WANTS A QUANTUM COMPUTER BY 2028.
President Trump just signed two executive orders pushing quantum innovation and post-quantum security.
This follows last month’s $2B CHIPS Act quantum funding push (~$1B allocated to $IBM alone).
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