Wendy’s shares extended their meme-stock rally on June 25, rising another 18.96% in after-hours trading to $9.35 after gaining 25.66% at the close. The move followed continued social-media discussion around a new push targeting the U.S. fast-food chain in Reddit’s WallStreetBets community. Earlier trading had already seen the stock surge as much as 41.9% and trade up 28.5% at $9 after multiple volatility halts, as heavy Reddit and Stocktwits interest collided with elevated short interest and unusually high volume. Serenity said it held no position and was unsure the campaign would succeed, underscoring the speculative nature of the move.