McDonald's Stock Price Rises by $1.03 USD on November 3
On November 3, 2023, McDonald's (MCD) stock closed at $267.87, up 0.39% from the previous day, with a high of $268.61 and a low of $265.49.
by Kowsalya
Updated Nov 04, 2023
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McDonald's (MCD) Stock Price
On November 3, 2023, McDonald's Corporation (MCD) stock closed at $267.87, reflecting a modest increase of $1.03 or 0.39% compared to the previous trading day. However, specific details such as the opening price, intraday high, and intraday low.
McDonald's (MCD) Stock Analysis
On November 3, 2023, McDonald's Corporation (MCD) closed at $267.87, representing a daily increase of $1.03 or 0.39% compared to the previous throughout the day. In after-hours trading, McDonald's stock continued to show strength, reaching $268.40, with a gain of $0.53 or 0.20%.
Looking at the broader picture, McDonald's had a 52-week high of $299.35 and a 52-week low of $245.73, indicating its price range over the past year. As of November 3, 2023, the market capitalization of McDonald's stood at $195.21 billion.
The company's price-to-earnings (P/E) ratio was 23.60, and it offered a dividend yield of 2.49%. These figures provide an overview of McDonald's financial and stock performance on that particular day, showcasing a slight uptick in its value.
McDonald's (MCD) Stock-Key Data
|
Data |
Value |
|
Closing Price |
$267.87 |
|
Change from Previous Day |
+$1.03 (0.39%) |
|
High Price |
$268.61 |
|
Low Price |
$265.49 |
|
After-Hours Price |
$268.40 |
|
Change in After-Hours |
+$0.53 (0.20%) |
|
52-Week High |
$299.35 |
|
52-Week Low |
$245.73 |
|
Market Capitalization |
$195.21 billion |
|
P/E Ratio |
23.60 |
|
Dividend Yield |
2.49% |
McDonald's (MCD)
McDonald's Corporation (MCD) is a globally renowned American fast-food chain with a rich history dating back to its founding in 1940 by Richard and Maurice McDonald in San Bernardino, California. Originally established as a simple hamburger stand, the company eventually evolved into a franchise model, introducing the iconic Golden Arches logo in 1953 at a location in Phoenix, Arizona.
In 1955, the pivotal moment in McDonald's history occurred when Ray Kroc, a savvy businessman, joined the company as a franchise agent and ultimately acquired the chain from the McDonald brothers.
McDonald's has not only made a name for itself as a fast-food giant but also as a significant player in the real estate industry. The company owns approximately 70% of restaurant buildings and 45% of the underlying land, which it leases to its franchisees, further diversifying its business interests.
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