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In the latest trading session, McDonald's (MCD) closed at $282.61, marking a +0.59% move from the previous day.
New agreement aims to drive innovation and operational excellence in global finance and human capital management TEANECK, N.J. and CHICAGO , Jan. 21, 2025 /PRNewswire/ -- Cognizant (Nasdaq: CTSH) and McDonald's Corporation (NYSE: MCD), the world's leading food service retailer, announced a multi-year extension of their strategic partnership, which originated in 2017.
2024 was an excellent year for the major stock market indexes. But the Dow Jones Industrial Average (^DJI 0.78%) had just a 12.9% return, compared to 23.3% for the S&P 500 (^GSPC 1.00%) and 28.6% for the Nasdaq Composite.
Recently, Zacks.com users have been paying close attention to McDonald's (MCD). This makes it worthwhile to examine what the stock has in store.
MCD's focus on menu innovation, digital growth initiatives and operational efficiencies pave the way for future growth.
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McDonald's (MCD -0.72%) is one of the biggest success stories in the foodservice industry in history, with nearly 42,000 locations operating around the world. It has also been a publicly traded company for quite some time, having gone public in April 1965 at $22.50 per share.
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.