McDonald's Corporation (MCD)
McDonald's sees $13bn wiped from its market value amid e.coli scare
McDonald's Corp (NYSE:MCD, ETR:MDO) stock dropped 5.8% in after-hours trading, wiping $13 billion from its market value after the US Centers for Disease Control and Prevention (CDC) linked an e.coli outbreak to its quarter pounder burgers. According to reports, the outbreak has resulted in 49 illnesses across 10 states, including one death and 10 hospitalisations.
Watch These McDonald's Price Levels as Stock Drops on E. Coli Investigation
Shares in McDonald's (MCD) slumped 6% in extended trading on Tuesday after health authorities said they were investigating an E. coli outbreak possibly linked to the fast-food chain's Quarter Pounder burgers.
This is how important the Quarter Pounder is to McDonald's — and why it will want to address E. coli issues quickly
McDonald's Quarter Pounder has been linked to a deadly E. coli outbreak across 10 states.
E. coli outbreak linked to McDonald's Quarter Pounder
One person has died and 10 have been hospitalised after an outbreak of E. coli linked to McDonald's Quarter Pounder burgers, the US Centers for Disease Control and Prevention (CDC) has said.
Could Trump's publicity stunt at McDonald's hurt the burger giant? Experts weigh in
McDonald's Corp. agreed to host former President Donald Trump at a Pennsylvania store over the weekend but said it isn't endorsing a candidate in the U.S. presidential race.Trump staffed the fry station at a McDonald's in suburban Philadelphia on Sunday before answering questions through the drive-thru window. The restaurant was closed to the public for the Republican nominee's visit.In a message to employees obtained Monday by The Associated Press, McDonald's said the owner-operator of the location, Derek Giacomantonio, reached out after he learned of Trump's desire to visit a Pennsylvania restaurant.
Earnings Preview: McDonald's (MCD) Q3 Earnings Expected to Decline
McDonald's (MCD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Did McDonald's shares fall after Trump's fry serving stunt?
After former President Donald Trump made headlines serving fries at a McDonald's drive-thru in Pennsylvania over the weekend, some were quick to speculate that the fast food giant's stock might see some turbulence.
McDonald's is in the spotlight lately: what is the hourly pay for employees?
McDonald's raised wages for its employees at corporate-owned restaurants over the past three years. It pledged that company-owned restaurants would increase to $15 an hour by 2024.
Here's Why McDonald's (MCD) Fell More Than Broader Market
In the most recent trading session, McDonald's (MCD) closed at $314.89, indicating a -0.53% shift from the previous trading day.
Trump Serves Up French Fries at McDonald's
Donald Trump served up french fries to supporters in a visit to a McDonald's Corp. franchise in Pennsylvania. His Democratic opponent, Kamala Harris has said she worked at the chain when she was a student.
McDonald's Installed Self-Service Kiosks
As the world's most popular fast food company, McDonald's has long been a pioneer in innovation.
McDonald's tells U.S. restaurants it's not a 'political brand' after Trump visit
McDonald's said it is not a political brand and is not endorsing a presidential candidate after former President Donald Trump visited a location in Feasterville, Pennsylvania. Trump often accuses Harris of lying about working at McDonald's for a summer in her twenties but has offered no proof backing up the claim.
