10 Stocks Grow Firmer Despite Mixed Market Sentiment

4. The Wendy’s Company (NASDAQ:WEN)

Wendy’s saw its share prices increase by 4.8 percent on Monday to end at $15.94 apiece as investors continued to digest the company’s mixed earnings performance last year as well as key economic factors such as inflation and business activity index.

Earlier this month, WEN said its net income for the fourth quarter of 2024 inched up by 1.3 percent to $47.5 million from $46.9 million in the same period last year as revenues increased by 6.2 percent to $574.3 million from $540.7 million.

Net income for the full year, however, dipped by 4.9 percent to $194.4 million from $204.4 million in 2023, despite revenues inching up by 3 percent to $2.246 billion from $2.181 billion in the same comparable period.

Meanwhile, S&P Global Market Intelligence reported on Friday that US business activities nearly stalled this month, dropping to a 17-month low, suggesting that businesses and consumers were becoming increasingly rattled by economic policies.