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Sunrun Rises, Hertz Tumbles, Wendy's Soars as Post Rallies Memers Around Burger Chain
Published 3 months, 3 weeks ago
Description
On this episode of Stock Movers:
-Sunrun (RUN) shares rise after the company announced an agreement with Tesla and Renew Home. It will deliver more than 16 gigawatts of flexible energy capacity to hyperscalers and utilities.
-Hertz (HTZ) shares tumbled the most in two years after the car renter warned profit this quarter is trending toward the low end of its expectations and announced offerings of shares and notes.
-Wendy's (WEN) shares surged as much as 42% on Wednesday, triggering a volatility halt, with no news announcement behind the jump. A post on Reddit Inc.'s WallStreetBets, which was later removed, implored its members to "save Wendy's before it's too late."
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