Wendy’s has been hurting over the past two years, with shares tanking in the stock market and stores closing left and right. That tank is continuing today, as Wendy’s opened down 12% following news that Nelson Platz’s Trian Fund Management is no longer interested in buying the company. Wendy’s hopes that closing old and unprofitable locations will be what it takes to move the needle for them, but if it’s not, their days could be numbered. When’s the last time you ate at Wendy’s? Let us know in t
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Wendy’s has been hurting over the past two years, with shares tanking in the stock market and stores closing left and right. That tank is continuing today, as Wendy’s opened down 12% following news that Nelson Platz’s Trian Fund Management is no longer interested in buying the company. Wendy’s hopes that closing old and unprofitable locations will be what it takes to move the needle for them, but if it’s not, their days could be numbered. When’s the last time you ate at Wendy’s? Let us know in t
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