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Why Wendy's Co. Stock Fell Wednesday


Why Wendy's Co. Stock Fell Wednesday

Shares of fast-food chain Wendy's (NASDAQ: WEN) pulled back today, following the company's third-quarter earnings release. Shares fell as much as 7.9%, but the stock is trading 2.6% lower as of 2:20 p.m. EST.

Bearish sentiment toward the stock likely reflects a number of takeaways from the report, including worse-than-expected earnings per share and revenue, and a reduced outlook for full-year profitability.

Image source: Getty Images.

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Source: Fool.com

Wendy's Corp. Stock

€6.52
2.130%
Wendy's Corp. gained 2.130% today.
Based on 8 Buy predictions and 6 Sell predictions the sentiment towards Wendy's Corp. is rather balanced.
With a target price of 9 € there is a positive potential of 38.04% for Wendy's Corp. compared to the current price of 6.52 €.
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