McDonalds Trading Volume Surges 157% to $2.26 Billion Ranking 39th in Market

Generado por agente de IAAinvest Market Brief
jueves, 3 de abril de 2025, 8:35 pm ET1 min de lectura
MCD--

On April 3, 2025, McDonald'sMCD-- (MCD) saw a significant surge in trading volume, with a total turnover of $2.26 billion, marking a 157.13% increase from the previous day. This substantial rise placed McDonald's at the 39th position in the day's stock market rankings. The stock price of McDonald's increased by 2.15%.

Citi analyst Jon Tower has adjusted the price target for McDonald's to $353 from $360, while maintaining a Buy rating on the shares. This adjustment comes as part of a Q1 earnings preview, where the analyst notes that the company's Q1 global comparable sales likely fell short of expectations due to adverse weather conditions, a still-challenged low-income consumer base, and limited new product introductions during the period. Despite these challenges, Citi believes that this quarter will mark a low point for the year, as McDonald's is set to introduce new products to its menus and benefit from easier comparisons for the remainder of 2025. The firm remains optimistic about McDonald's position amidst the uncertainty and trade tensions.

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