The fast-food chain Wendy’s has recently announced that it has associated with DoorDash which will bring Wendy's menu. DoorDash is a technology company that links various customers with the best local restaurants through door-to-door distribution.
"Rolling out delivery has quickly progressed, along with demand for convenience and delivery trends," Wendy's Vice President of Customer Activation Liz Geraghty, told reports. "And there's no better partner for Wendy's than DoorDash – one of the fastest growing delivery platforms and one with a reputation for maintaining food quality and high customer satisfaction – both top priorities for us. Whether fans order straight to their door or via Wendy's drive thru, we want the Dave's Single to be hot and juicy every time."
DoorDash restricts the range a consumers who can place orders from a Wendy's restaurant to guarantee the freshness of its foods and to assure that its deliveries are fast and efficient enough for its clients.
"DoorDash has quickly become the industry standard for on-demand delivery, with more top 100 restaurants choosing to build their delivery business with DoorDash than with any other delivery platform," said Tony Xu, CEO and Co-founder of DoorDash. "We're excited to be offering delivery from Wendy's restaurants, adding another family favorite to our network."
Wendy’s Co had recent bull domination in its recent trades. Currently, it is likely that it’ll continue such trend since its Coppock curve did not signal any potential downtrend at the time of writing.
In numerical figures, the stock is currently trading around the 14’s region and is a -0.40% decline if to compare from the previous candle’s performance. The Relative Strength Index is currently trading at 55.58 as the Coppock curve is at -3.44 which would recommend a sell for the stock. If to consider the other factors, a hold would be much preferred.
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