Wendy's is downgraded by Argus with the restaurant chain seen as being in a rut (WEN:NASDAQ)

Core Viewpoint - Wendy's Company (NASDAQ:WEN) experienced a decline in early trading after Argus downgraded its rating from Buy to Hold, indicating concerns about the company's current performance and outlook [2]. Company Summary - Analyst Christine Dooley expressed that Wendy's is currently in a challenging situation, suggesting that the company is facing difficulties in its operations and market position [2].