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McDonald’s Shares Climbed as Dow Fell. Market Looks to Monday’s Open for Direction
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McDonald’s Shares Climbed as Dow Fell. Market Looks to Monday’s Open for Direction
McDonald’s shares closed Friday at $276.39, up 0.52%, after touching a 52-week low earlier in the week. The stock outperformed Yum Brands but lagged Chipotle and Starbucks as the S&P 500 fell 1.24%. First-quarter global comparable sales rose 3.8%, but executives warned of weaker April sales and pressure from high gas prices. McDonald’s is promoting meal deals and cheaper items to attract cost-conscious diners. The post McDonald’s Shares Climbed …
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