date:Jan 15, 2014
rs I/B/E/S.
That helped Wendys shares close up 6.4 per cent, or 54 cents, to $8.98 on the Nasdaq on Monday, slightly below its 52-week high of $9.51 in November.
Wendys attempt to reposition its brand as higher quality compared with its fast-food competitors is helping to boost its shares, said Wedbush Securities analyst Nick Setyan. And they continue to do a number of shareholder-friendly activities, he said, citing the share buyback announced Monday as an example.
Wendys also pays a dividen