Why McDonald's Stock Popped Today
McDonald's (NYSE: MCD) stock is looking golden this afternoon, up a healthy 2.8% through 1 p.m. ET after reporting a modest earnings beat this morning.
Analysts had expected McDonald's to earn $3.15 per share on sales of $6.7 billion, but the company's second-quarter report showed $3.19 per share in adjusted earnings and sales north of $6.8 billion.
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Source Fool.com