The result sees the Owls lying in 23rd place in the league table, but as a number of their relegation battle rivals also lost last weekend, Wednesday are currently just three points away from hauling themselves out of the bottom three.
Speaking to the Star after the match, caretaker manager Neil Thompson discussed the upcoming clash against Wycombe Wanderers, and stated: "At the end of the day the target is to win the next game… Is it a must win? We’ll only know that at the end of the table. They’re desperate for the three points as well.
"We got beat 1-0 there and dominated, and it didn’t happen. We owe ourselves to recover from today and go and get three points."
Meanwhile, the Owls' hunt for a new manager continues, and there's still no telling whether the club will give Thompson the nod to continue in his current role on a full-time basis, or whether they'll look to bring in a fresh face to lead the Owls forward.
Here's our round-up of all the latest news and transfer chat involving Sheffield Wednesday and a number of their divisional rivals.
1. Fresh revelation over Davies' Preston exit
Liverpool are believed to have snatched Preston's Ben Davies from under the noses of Celtic by exploiting the Scottish side's own pre-contract clause, which required him to be "injury-free and fit to play" before a move to Glasgow could be finalised. (Mirror)
Photo: PHIL NOBLE
2. Rangers new boy credits Gerrard for switch
Ex-Bournemouth starlet Nnamdi Ofoborh has revealed that playing under Liverpool icon Steven Gerrard was a key reason behind him choosing to join the Gers last month. Sheffield Wednesday and Watford were also thought to be keen. (Daily Record)
Photo: NEIL HALL
3. Hornets boss on thin ice
Watford are believed to be considering manager Xisco Munoz's future at the club carefully, following their third match in a row without a win. A series of tactical changes are also thought to have led to unrest among the players. (The Athletic)
Photo: Richard Heathcote
4. Swans icon comes out of retirement
Former Swansea City stalwart Leon Britton has come out of retirement at the age of 38, signing for Welsh side Ammanford AFC. He was a League Cup winner with the Swans back in 2013, and helped them secure promotion on three separate occasions. (Wales Online)
Photo: Dan Mullan