McDonald’s Stock Jumps 4.6%–But Q1 Could Be Ugly Before the Comeback
McDonald’s (NYSE:MCD) just pulled off a surprise moveits stock jumped over 4.6% as of 1.56pm today, despite reporting weaker-than-expected U.S. sales, dragged down by an E. coli outbreak that hit its Quarter Pounder sales hard. Q4 revenue landed at $6.39 billion, slightly missing Wall Street’s $6.44 billion target, while U.S. same-store sales fell 1.4%. But…
