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

Odaily reported that “White-Haired Stock God” Serenity posted on X platform, stating that he has noticed a viral campaign initiated by Reddit 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 among U.S. stock retail investor communities, originating from the online joke that “investors who lose everything on 0DTE options have to go work at Wendy's.” As a result, it enjoys high recognition within speculative culture.

Serenity stated that it remains unclear whether this community-driven “Save Wendy's” campaign will ultimately succeed, and emphasized that he does not hold any relevant positions, merely finding the phenomenon “very interesting.”