Wendy’s stock falls 3.58% after franchisee bankruptcy: Why WEN is near a 52-week low
Wendy’s stock came under pressure after one of its major franchise operators filed for Chapter 11 bankruptcy protection. Shares of Wendy’s (WEN) fell 3.58% on Friday, closing at $6.74. The stock touched an intraday low of $6.60, keeping it close to its 52-week low of $6.07. Wendy’s stock falls after major franchisee files for Chapter … Read more