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Wendy’s joins GameStop as a meme stock after surging in value following a Reddit post urging fans to boost the brand.

The stocks in this article have caught Wall Street’s attention in a big way, with price targets implying returns above 20%. But investors should take these forecasts with a grain of salt because analysts typically say nice things about companies so their firms can win business in other product lines like M&A advisory.

Wendy’s shares are surging another 10% this morning, in what appears to be a short squeeze of the restaurant chain’s stock. The premarket rally stands to build on Wendy’s 26% jump yesterday. The moves have all the hallmarks of the kind of short squeeze that made headlines in 2021, when retail investors banded together online to send shares of companies like GameStop and AMC Entertainment soaring—and inflict painful losses on hedge funds that had placed short bets on the stocks.

Heavily shorted Wendy's stock is soaring for the second day in a row after capturing the attention of retail investors on Reddit.

Owning shares in a floundering company is psychological torture. The person answering them might be a superstar CEO like Steve Jobs or a takeover artist like Carl Icahn. GameStop had the same gain in six weeks that Apple did in the first 10 years with Jobs back at the helm.

Wendy's stock jumped 26% as WallStreetBets traders chased a GameStop-style short squeeze in the beaten-down burger chain.

Today, June 24, 2026, investors piled in as leadership changes fueled meme stock hype and speculation about a potential turnaround at the burger chain.

Shares in fast-food chain Wendy's might be the next hot meme stock for retail investors hungry for a cause.

Ryan Cohen is doing two things at once that look contradictory until you stare at them long enough. He is walking away from a roughly $35 billion compensation package tied to GameStop (NYSE:GME) stock performance, and he is using the very stock that would have minted that fortune as the currency to chase a target ... GameStop’s CEO Is Walking Away From a $35 Billion Payday to Chase eBay

GameStop Corp (NYSE:GME)'s board has scrapped a proposed CEO performance award after a request from CEO Ryan Cohen, who said he wants leadership focused on the company's operating performance and its pursuit of online marketplace eBay. The award, approved in January 2026, would have paid...

Just when GameStop’s comeback seemed to be settling in, Cohen threw another curveball by refusing to let go of his eBay ambitions. Could this add more uncertainty for GME stock, or become GameStop’s next growth engine?

Ryan Cohen, the GameStop chairman and CEO whose Chewy exit made him a household name in retail-investor circles, sat down with Jason Calacanis on the All-In podcast and made clear that his unsolicited run at eBay is not a pose. “I’m going to do whatever we need to do, whatever I need to do in ... GameStop CEO on His eBay Pursuit: ‘I’m Not Going to Stop, I’m Not Going to Go Away’

Heavily shorted Wendy's stock is soaring after gaining traction on Reddit. The rally suggest a short squeeze is in action.

Wendy’s shares soared more than 20% today as the restaurant chain got attention from retail investors, who rallied behind the stock on social media. Users poured into a Reddit forum called “WallStreetBets”–known for sparking huge rallies of other so-called meme-stock trades like GameStop–yesterday evening with messages like, “We need to save Wendy’s before it’s too late.

GameStop said it will release a detailed presentation of the strategic rationale and operational plan for a combined company this week

The rally came after a slew of posts on the WallStreetBets investing forum urge retail traders to buy the struggling fast-food chain.

GameStop CEO Ryan Cohen has withdrawn his large CEO Performance Award following investor backlash and a shareholder lawsuit. The decision comes as the board backs a refreshed vision focused on a proposed acquisition of eBay. GameStop plans to outline how an eBay deal could reshape its operations and long term direction. GameStop, traded as NYSE:GME, enters this news cycle with a share price of $21.08 and a mixed recent track record. The stock is down 4.0% over the past month, with a decline...

GameStop CEO Ryan Cohen drops his $35 Billion performance award to focus on the proposed eBay acquisition.

(Bloomberg) -- The volatility in South Korea’s benchmark equity index has become so extreme that investors and analysts are likening the market’s surging intra-day swings to the meme-stock frenzy.Most Read from BloombergStocks Slide as Wall Street Gets AI Wake-Up Call: Markets WrapOracle Cut 21,000 Jobs in 12 Months, Says AI Replaced Some Roles‘FOMO Really Got Me’: Taiwanese Go Deep Into Debt to Amp 100% Stock RallySpaceX Falls for Third Day, Erases $600 Billion in Market ValueKorean Stocks Tumb

He criticized eBay's leadership, outlined a turnaround strategy, and defended GameStop against ongoing “meme stock” skepticism.

The proposed CEO Performance Award was a large stock option package for Ryan Cohen that GameStop’s board approved in January 2026.

GameStop CEO Ryan Cohen dropped his performance award of up to 171,537,327 shares to focus on the eBay acquisition.

Investing.com -- GameStop Corp. said Tuesday its board has approved Chairman and CEO Ryan Cohen's request to withdraw a proposed CEO Performance Award from the company's proxy statement as the retailer shifts focus to its planned acquisition of eBay Inc.

Ryan Cohen, the billionaire CEO of GameStop, will not receive a potential performance award from ‌the videogame retailer and plans to unveil more details ‌about his bid to takeover eBay soon, the company said on Tuesday. GameStop unveiled ​a compensation package worth roughly $35 billion for Cohen in January, hinging on a turnaround that requires him to lift the struggling company's market value more than tenfold and sharply boost its profit. EBay ‌rejected a $56 billion takeover ⁠bid from the much smaller GameStop in May, citing financing doubts and calling the proposal "neither credible ⁠nor attractive."

GameStop posts a double-digit net margin while StubHub expands its global event footprint, yet their financial health and risk profiles diverge sharply.

Palantir shares hit a 52-week low on Monday as software stocks struggled. Palantir stock has dropped over 30% in 2026.

Jun. 20—ROCHESTER — North Rock Real Estate and a group of investors recently paid $8.98 million for the Rochester Crossings commercial center in northwest Rochester. Under the corporate name of Rochester Crossings LLC, the group purchased the 23-year-old center at 3780 Marketplace Drive NW, on June 11. Olmsted County estimated the total market value of the property at $7.12 million for ...

GameStop faces a shareholder lawsuit over Ryan Cohen’s potential $35 billion pay package despite posting one of its strongest quarters in years.

eBay shareholders blocked Proposal 4, closing a key governance route for Ryan Cohen as hostile takeover speculation rises.

Call it a startup with a sole founder and a very large seed round, but what's next is less clear.