Asif Suria on X
On our latest podcast, we spent some time talking about why Wendy's $WEN stock went up - instead of going down - last week after it turned down an acquisition offer by Trian Fund Management. The more interesting part was probably the insider purchases of two different biotech companies by Baker Bros. In one of those cases they were willing to buy after the stock went up more than 200% in less than two months. No wonder both $MDGL and $KOD are up more than 6% today.