WEN Dec 2024 17.000 call
| Previous Close | 3.0000 |
| Open | 3.0000 |
| Bid | 0.0000 |
| Ask | 0.0000 |
| Strike | 17.00 |
| Expire Date | 2024-12-20 |
| Day's Range | 3.0000 - 3.0000 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 89 |
Barrons.comShort Interest on Fast-Food Stocks Surging as Meal Deals Pop Up
Total short interest in restaurants shot up 6% sequentially in the first two weeks of May, with much of that driven by high franchised quick-service brands, including Burger King parent Restaurant Brands International and Wendy's, as investors grow wary of softening fast-food traffic and the emergence of "value wars" within the sector, Raymond James analyst Brian Vaccaro says in a research note.
- Yahoo Finance Video
Burger King to offer $5 meal deal: Fast food's value hack
As consumers tighten their purse strings in the face of inflation, Burger King has become the latest fast food chain to prioritize value offerings strategically to attract cost-conscious diners. The company confirmed a new $5 meal deal aimed at catering to customers seeking affordable options. Yahoo Finance's Brad Smith and Seana Smith break down the details, shedding light on the factors driving restaurants toward value-oriented strategies to boost profits. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
ZacksAre You a Growth Investor? This 1 Stock Could Be the Perfect Pick
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
