Wendy's falls 14.8% after hours on Triarc's going-private withdrawal
WEN Wendy's Co
$9.04 -0.88%
View chart & analysis → - 1Wendy's (WEN) shares plunged 14.8% in after-hours trading on Wednesday
- 2The drop came right after reports that Triarc, a roughly 16% shareholder, is not currently pursuing a going-private acquisition
- 3With the early-month 14.7% surge momentum unwinding, focus shifts back to standalone earnings execution
This 3-line summary is compiled from the report below.
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