short squeeze

Avis Wins $650 Million Settlement Shares Jump

Avis Wins $650 Million Settlement Shares Jump

Avis Budget Group is set to receive $650 million from Pentwater Capital Management to settle a short swing profits lawsuit tied to the dramatic stock surge earlier this year. Court…

Wendy's Stock Surges as Traders Eye Short Squeeze

Wendy's Stock Surges as Traders Eye Short Squeeze

Wendy's shares surged more than 20% overnight after the chain hired two Potbelly Sandwich veterans as its new CEO and CFO, sending retail traders on Reddit and Stocktwits into a…

Wendy's Stock Jumps After Viral Reddit Post

Wendy's Stock Jumps After Viral Reddit Post

Wendy's stock jumped as much as 37% in premarket trading after a since-deleted Reddit post urged WallStreetBets members to buy in. Here's why the fast food chain fits the meme…

Wendys Stock Surges on CFO Hire

Wendys Stock Surges on CFO Hire

Wendy's stock jumped more than 20% in premarket trading after the chain named a new CFO with a strong track record, igniting a Reddit-fueled short-squeeze frenzy in a stock near…