McDonalds – McDonald’s Corporation (MCD) Closes 1.43% Up on the Day for January 01
Shares of McDonald’s Corporation (MCD) ended the trading day Friday at $214.58,
representing a move of 1.43%, or $3.02 per share, on volume of 2.61 million shares.
McDonald’s generates revenue through company-owned restaurants, franchise royalties, and licensing pacts. Restaurants offer a uniform value-priced menu with some regional variations. As of September 2020, there were roughly 39,100 locations in more than 120 countries: 36,400 franchisee/affiliate units and 2,700 company units. After reorganizing the company into segments based on the maturity and competitive position of its different markets, refranchising 4,000 locations, and eliminating $500 million in net annual SG&A expenses the past several years, the company is focused on its “Accelerating the Arches” plan, which includes (1) optimizing its marketing approach; (2) focusing on its core menu; and (3) doubling-down on digital, drive-thru, and delivery efforts.
After opening the trading day at $211.25, shares of McDonald’s Corporation traded between a range of $210.78 and $214.93. McDonald’s Corporation currently has a total float of 745.11 million
shares and on average sees n/a shares exchange hands each day.
The stock now has a 50-day SMA of $n/a and 200-day SMA of $n/a, and it has a high of $231.92 and low of $124.24 over the last year.
McDonald’s Corporation is based out of Chicago, IL, and has 205,000 employees. The company’s CEO is Christopher J. Kempczinski.
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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