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Stock impact report

McDonald's set to reopen in some cities in Ukraine: Report [MarketWatch]

McDonald's Corporation (MCD) 
Last mcdonald's corporation earnings: 4/30 06:58 am Check Earnings Report
Company Research Source: MarketWatch
McDonald's Corp. is set to reopen some of its restaurants in Ukraine, according to a news report. The fast food chain, which closed its restaurants in the country following Russia's invasion, will start reopening some restaurants in Kyiv and Lviv in Western Ukraine, the Associated Press reports . The company has 109 restaurants in Ukraine, but it is not clear how many would reopen, the report said. McDonald's MCD, has continued to the pay its more than 10,000 employees in the country, according to the Associated Press. See Now: U.S. companies urged to invest in Ukraine as ‘massive' reconstruction looms Shares of McDonald's were down 0.2% in midday trading on Thursday. They have fallen 2.6% year to date, while the Dow Jones Industrial Average DJIA, has declined 7.8%. The company has not yet responded to a request for comment from MarketWatch. The company's reported move was welcomed by Ukrainians on social media, including Oleksandr Tkachenko, the country's minister of cul Show less Read more
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