Wendy’s (WEN) is continuing its stock surge as investors mull a possible takeover deal.
On Wednesday, the fast food giant jumped in pre-market trading, climbing as much as 15%, after its largest shareholder Trian Fund Management announced that it will be exploring a potential acquisition.
The company continued to soar after the bell, gaining 8.1% at the open — its biggest gain since June 8.
Shares remained in the green throughout the morning session, up about 10% in early afternoon trading.
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