Home/ Crypto News/ Wendy’s (WEN) Stock Plummets 14% as Trian Fund Abandons Buyout Pursuit

blockonomi Aug 27, 2026

Wendy’s (WEN) Stock Plummets 14% as Trian Fund Abandons Buyout Pursuit

Stocks

Wendy's (WEN) shares plunged 14% after Trian Fund Management announced no current plans to pursue a takeover bid for the struggling burger chain.

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Source: Source: Blockonomi