Shares of McDonald's Corp NYSE: MCD shares have had a bit of a mixed ride recently, capping off the final quarter of 2024 with all-time highs in October that were followed by a sharp drop into the new year. Currently trading 11% off those highs, the Chicago-based fast-food giant, boasting a market cap north of $200 billion, is still offering a lot for investors to be excited about.
McDonald's finds itself in a legal soup as a group opposing affirmative action challenges the company's long-standing scholarship program for Hispanic and Latino students. The American Alliance for Equal Rights, led by Edward Blum, filed the lawsuit in federal court in Nashville.
McDonald's (MCD) closed the most recent trading day at $283.63, moving +0.47% from the previous trading session.
McDonald's (MCD -1.60%), the world's largest fast-food chain, is often considered a reliable stock for long-term investors. But over the past 12 months, the stock has stayed nearly flat as the S&P 500 has advanced nearly 24%.
McDonald's (MCD -1.60%) is coming off a tough year in 2024. But that's really only part of the story for a stock that simply hasn't been a good buy for a while now.
McDonald's plans to shutter three locations of its spinoff brand, CosMc's, and open two more restaurants in Texas. The company said smaller locations work better for the test, which led to the decision.
Citigroup upgraded McDonald's (MCD) to buy from neutral and raised its price target on the stock. The firm believes the fast-food chain is poised for recovery through scale advantages that can drive profits higher.
McDonald's (NYSE: MCD), the world's largest restaurant chain, consisting of more than 41,000 mostly franchised stores in over 100 countries, stock has been almost flat (Jan.8) since the beginning of last year, 2024, compared to a 24% return of the S&P 500 over the same period. MCD's peer Restaurant Brands International Inc.(NYSE: QSR) stock fell 16% during the same period.
Nick Setyan, Wedbush, joins 'Fast Money' to talk McDonald's doubling down on value meals.
After fast-food chains tried to win over inflation-weary customers with discounts last year, McDonald's Corp. kicked off 2025 with yet another deal, launching its new “McValue” menu intended to offer more flexibility to mix and match menu items, along with other perks.
McDonald's is ending some of its diversity practices, citing a U.S. Supreme Court decision that outlawed affirmative action in college admissions.
McDonald's Corp (NYSE:MCD, ETR:MDO) has joined the growing list of major US corporations that are rowing back on diversity, equality and inclusion (DEI) commitments. Highlighting an “evolving landscape” around DEI and specifically a US Supreme Court ruling in 2023, the fast food giant said it was scrapping diversity goals in senior management positions.