Wendy's shares rose 4 cents to close at $4.58 Thursday. The company has more than 6,500 restaurants, mostly in North America.
The volatility in stock prices during earnings season can be daunting, posing a greater risk as investors decide the timing of their trades.
Board members who sit on four or more boards may find it impossible to manage their time when faced with an insurgent investor or merger situation -- or both.
Wendy's CEO Todd Penegor says one factor hurting the company is the uncertainty surrounding the current election.
A weekly close above $11.50 or below $9.00 would change things.