Wendy’s falls after Meritage franchisee files for Chapter 11
Shares of Wendy’s Co slipped after a Chapter 11 filing by one of its largest U.S. franchisees. The stock opened at $7.01, traded as low as $6.60 and was near $6.75, down about 3% from Thursday’s close.
This is a real-time flash headline. A verified provider body is not available, so SquawkNews does not present it as a full article.