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.
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Source: Fool.com
Wendy's Corp. Stock
€15.32
1.700%
We see a rather positive sentiment for Wendy's Corp. with 11 Buy predictions and 1 Sell predictions.
With a target price of 20 € there is a positive potential of 30.59% for Wendy's Corp. compared to the current price of 15.32 €.
