Why McDonald's Stock Is Jumping Today
McDonald's (MCD 4.05%) stock is gaining ground in Monday's trading. The fast-food giant's share price was up 4.5% as of noon ET, amid the backdrop of a 0.5% gain for the S&P 500 (^GSPC 0.52%) and a 1.1% gain for the Nasdaq Composite (^IXIC 0.96%).McDonald's reported its fourth-quarter results before the market opened this morning, and sales and earnings performance for the period actually came in below expectations. But despite missing Wall Street's top-line and bottom-line targets, the business showed sign ...