Feb 18 (Reuters) – Activist investor Nelson Peltz said in an SEC filing on Wednesday that the fast-food chain Wendy’s stock is currently undervalued.
Shares of the company were up about 8% in early trading.
The founder of investment firm Trian Fund Management holds 16.24% stake in Wendy’s, according to the filing.
(Reporting by Anuja Bharat Mistry in Bengaluru; Editing by Vijay Kishore)
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