BUZZ-Wendy's up after investor Nelson Peltz says stock undervalued

+1.29% Post

Wendy's Company

WEN

7.07

7.10

+1.29%

+0.42% Post

** Shares of fast-food chain Wendy's WEN.O up about 16% at $8.10

** Activist investor Nelson Peltz says co's stock is currently undervalued - SEC filing

** Peltz holds 16.24% stake in Wendy's, according to a regulatory filing

** Co last week forecast annual profit below estimates, hurt by muted U.S. traffic

** WEN fell ~49% in 2025

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