Previous close | 0.8100 |
Open | 1.0300 |
Bid | 3.2000 |
Ask | 3.4500 |
Strike | 275.00 |
Expiry date | 2024-05-24 |
Day's range | 1.0300 - 3.5000 |
Contract range | N/A |
Volume | |
Open interest | 577 |
McDonald's has had a rough 2024 so far. "Americans are choking on surging fast food prices," lamented a CNBC article, which cites the price of a McDonald's quarter pounder with cheese has more than doubled over the past 10 years. In the meantime, MCD stock has truly struggled.
(Bloomberg) -- McDonald’s Corp. is looking to launch a $5 meal deal in the US that the burger chain is betting can lure penny-pinching consumers back in.Most Read from BloombergElon Musk Pledges to Grow Supercharger Business He Just DecimatedApple Nears Deal With OpenAI to Put ChatGPT on iPhoneBiden Set to Hit China EVs, Strategic Sectors With TariffsIce Cube’s Big3 Basketball League Sells Its First Team in $10 Million DealJim Simons, Code Breaker Who Mastered Investing, Dies at 86The deal could
Global restaurant chains such as McDonald's and Starbucks have seen lower-income customers opting to eat more meals at home amid a cost-of-living crisis, forcing the companies to offer steeper promotions to attract them to their outlets. McDonald's, which has a higher exposure to the lower-income cohort, saw its global sales growth slowing for the fourth straight quarter. Bloomberg News first reported about McDonald's plans.