Will Wendy's stock soar after u-turn on ‘surge pricing' after backlash?
WENWendy’s(WEN) Finbold·2024-02-29 20:54

Late in February 2024, the fast-food restaurant chain Wendy’s (NASDAQ: WEN) drew the attention and ire of the internet when it announced it would, in the future, start using artificial intelligence (AI) to adjust prices for menu items in a fashion similar to Uber (NYSE: UBER). Originally, Wendy’s implied that prices would decrease or increase based on myriad factors, including weather, time, demand, location, and so on, and would shift multiple times each day. Judging by the discussions on numerous social m ...