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home / news releases / WEN - Krispy Kreme Soars On A Tasty Initiative

WEN - Krispy Kreme Soars On A Tasty Initiative

Wendy's Company (The)

2024-03-27 09:00:17 ET

Summary

  • Krispy Kreme shares spiked 39.4% after announcing an expansion of its partnership with McDonald's, potentially increasing revenue significantly.
  • The partnership involves offering Krispy Kreme doughnuts for sale in McDonald's restaurants across the US.
  • While the stock may not be attractively priced at the moment, long-term investors could see additional upside from the partnership.

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For further details see:

Krispy Kreme Soars On A Tasty Initiative
Stock Information
Company Name: Wendy's Company (The)
Stock Symbol: WEN
Market: NASDAQ
Website: wendys.com
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