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

Wendy's Company -0.72%

Wendy's Company

WEN

6.85

-0.72%

** 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