Zortix
Ask Zortix…⌘KSign in
WENBEARISHFLIPPEDCNBC FAST MONEY · BULLISH IN AUGUST → BEARISH IN AUGUST

Wendy's plunge on lost Peltz buyout hope

The panel discussed Wendy's sharp drop after a report that Nelson Peltz's Trian Fund has no plan to take the company private, removing a hoped-for turnaround catalyst.

CNBC FAST MONEY CHANGED ITS VIEW

BULLISH FOR 2 WEEKS, THEN THE TURN
THEN12 AUG · BULLISHThe news of a potential take-private bid by Nelson Peltz's Trian was framed as a catalyst following a disastrous 'kitchen sink' quarter where the company pulled guidance and installed new management.NOW26 AUG · BEARISHThe panel discussed Wendy's sharp drop after a report that Nelson Peltz's Trian Fund has no plan to take the company private, removing a hoped-for turnaround catalyst.

Keep reading this one

You've read the thesis and who argued it. A free account opens the argument, what validates it, the risks the show raised, and the moment in the episode where it was said — 3 ideas in full a day, no card.

Something wrong with this record?

Sign in to flag a problem with this record — corrections go to human review, never to a public thread.

NOT INVESTMENT ADVICE · A SUMMARY OF WHAT WAS SAID ON THE PODCAST · VERIFY AGAINST THE SOURCE