Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!

McDonald’s Far Exceeds Former All-Time High After Q2 Beat

Courtesy of Benzinga.

McDonald’s Corporation (NYSE: MCD) shares are trading higher by $6.30 (4 percent) at $158.15 in Tuesday’s session.

The catalyst behind the rally is a Q2 beat of 8 cents along with a sales beat of $90 million. Also, sales comps were up 6.6 percent.

After a much higher open, above its former all-time high ($156.75), McDonald’s had a $1.00 retreat but found support just under that level at $156.44.

The continuation rally has taken the stock all the way to $159.64, but profit-takers have now nudged into the lower-$158.00 handle.

Posted-In: Technicals Intraday Update Movers Trading Ideas


Do you know someone who would benefit from this information? We can send your friend a strictly confidential, one-time email telling them about this information. Your privacy and your friend's privacy is your business... no spam! Click here and tell a friend!





You must be logged in to make a comment.
You can sign up for a membership or get a FREE Daily News membership or log in

Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!