McDonald's Stock Is Rising After an Earnings Miss. Here's Why.

Key TakeawaysMcDonald's stock rose in intraday trading Monday even as the fast-food giant's second-quarter earnings fell short of analyst expectations.McDonald's leadership said in Monday's earnings call that the $5 value meal the company launched last month has been successful, and confirmed reports that nearly all the company's U.S. locations have approved extending the offer.McDonald's shares rose 4% after the company's earnings release and discussion. McDonald's (MCD) shares rose 4% in afternoon trading ...