Spotify Technology (SPOT) was rising 5.8% after fourth-quarter revenue rose from a year earlier. The company reported 489 million monthly active users in the fourth quarter, up 20% from a year earlier, and 205 million premium subscribers. General Motors (GM) gained 4.2% after the auto maker topped fourth-quarter earnings forecasts and issued an upbeat outlook.

Wendy's Co. is a publicly traded company with a market capitalization of over $5 billion. The company operates more than 6,500 restaurants in 30 countries and employs more than 340,000 people.