Is Wendy’s cooked? Going private may be the company’s best hope for a turnaround.
· businessinsider.com · popularity 30/100 · 0 similar stories today · Restaurant & Food Service Industry (Food, Drink & Agriculture)
Read the original at businessinsider.com →
Summary
It's been a long road down for Wendy's. Since the fast-food chain got a boost to record highs from the 2021 meme-stock frenzy, its share price has fallen nearly 80%. The public-market situation has gotten so dismal that billionaire activist investor Nelson Peltz — alongside a handful of financial …
Found in: @businessinsider. Rating basis: single outlet; outlet tier 4; 1 feeds; feed position 13.