Why McDonald's (MCD) Outpaced the Stock Market Today
McDonald's(MCD) ZACKS·2024-06-04 06:51
In the latest market close, McDonald's (MCD) reached $259.75, with a +0.33% movement compared to the previous day. This move outpaced the S&P 500's daily gain of 0.11%. At the same time, the Dow lost 0.3%, and the tech-heavy Nasdaq gained 0.56%.Heading into today, shares of the world's biggest hamburger chain had lost 4.23% over the past month, lagging the Retail-Wholesale sector's gain of 3.26% and the S&P 500's gain of 5.06% in that time.The upcoming earnings release of McDonald's will be of great interes ...