MCD - McDonald's On The Brink Of History - Just 1% Away From Soaring To Unprecedented Record Highs | Benzinga
- Despite facing a 17% decline in July, McDonald's showcased its resilience by rebounding with a 19% gain.
- The focus is now on McDonald's Q4 earnings report due on January 30th, with analysts predicting earnings of $2.56.
- McDonald's stock has shown impressive growth, rising 12% in 2023 and achieving a substantial 204% increase over the past decade.
Investors are closely monitoring McDonald's Corp (NYSE: MCD) as it nears a major milestone in its stock price. The company is on the verge of surpassing its previous all-time high of $299, which was formed in July 2023. This level is significant as it is just shy of the significant $300 level.
McDonald's stock faced obstacles ...