Wendy's Walks Cack Surge Pricing Talk After Social Media Grilling
Wendy’s(WEN) MarketBeat·2024-02-29 14:32
Key PointsWendy's stock rose nearly 2% on Feb 28 after the company said it would not be implementing surge pricing, clarifying earlier remarks from the CEO.A social media backlash erupted over potential surge pricing, with Reddit users likening it to Uber's pricing model.Analysts have a "hold" rating on Wendy's stock, with Wall Street eyeing a double-digit upside in the stock. 5 stocks we like better than Wendy'sWendy’s Company NASDAQ: WEN stock traded nearly 2% higher on February 28 as the fast-food mid-ca ...