“White-Haired Stock God” Serenity: Reddit Retail Investors Launch a Campaign to Save Wendy's, Stock Price Surges 20% Overnight

Odaily reported that “White-Haired Stock God” Serenity posted on platform X, stating that he has taken note of a viral campaign recently launched by the Reddit community of retail investors (degens) targeting the American fast-food chain Wendy's (WEN). The company's stock price has surged approximately 20% overnight.

Serenity explained that Wendy's has long been a classic meme within the U.S. stock retail investor community, originating from the internet joke that “investors have to go work at Wendy's after their 0DTE options expire worthless.” This has given it high recognition within speculative culture.

Serenity stated that it remains uncertain whether this community-driven “Save Wendy's” campaign will ultimately succeed. He emphasized that he does not hold any related positions and simply finds the phenomenon “very interesting.”