McDonalds Stock Surges 093% in a Day Trading Volume Drops to 47th Position
1min read On April 10, 2025, mcdonald's (MCD) closed at $303.58, marking a 0.93% increase from the previous day's close. This rise comes after a two-day streak of gains, with a total increase of 2.32% over the past two days. The trading volume for the day was $18.36 billion, which was 26.48% lower than the previous day, placing it at the 47th position in terms of trading volume for the day.
McDonald's stock has been in a rising trend channel in the medium to long term, indicating that investors have been buying the stock at higher prices over time. This trend suggests a positive outlook for the company's stock performance.
Waddell & Associates LLC increased its stake in McDonald's by 123.5% in the fourth quarter, demonstrating confidence in the company's future prospects. This significant increase in holdings by a major investor can be seen as a bullish signal for the stock.
Robert W. Baird adjusted its price target for McDonald's from $310.00 to $300.00 and maintained a "neutral" rating on the stock. This adjustment reflects the analyst's view on the company's current valuation and potential for future growth.
