Thirty Years After My Father Helped Bring McDonald's to Russia, It's Quitting the Country [Business News Network (BNN) (Canada)]
McDonald's Corporation (MCD)
Last mcdonald's corporation earnings: 4/30 06:58 am
Check Earnings Report
US:NYSE Investor Relations:
corporate.mcdonalds.com/mcd/investors.html
Company Research
Source: Business News Network
Over my shoulder, you can see the metal barricades that had to be erected in the restaurant's first months to control the tens of thousands of people who lined up for a Big Mac and fries. On Monday, McDonald's Corp. said it will exit Russia after more than 30 years of operation in the country. The fast-food chain was one of the first Western brands to set up shop in Russia, just before the fall of the Soviet Union. It wasn't until I studied the Cold War at university that I understood that a McDonald's opening in Pushkin Square symbolized one of the earliest fissures in the Iron Curtain. At a time when people were still lining up for bread and medicine, the golden arches were a shiny, branded beacon of economic possibility. Before the market reforms known as “shock therapy” that ushered in the rise of Vladimir Putin and the oligarchs, and before any other Western chain expanded into this new market, a group of young Russians scrambled to bring a capitalist dream to life. My dad
Show less
Read more
Impact Snapshot
Event Time:
MCD
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MCD alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MCD alerts
High impacting McDonald's Corporation news events
Weekly update
A roundup of the hottest topics
MCD
News
- McDonald's requiring franchisees to chip in for digital marketing [Seeking Alpha]Seeking Alpha
- Krispy Kreme tops earnings estimates amid weak consumer spending [Yahoo! Finance]Yahoo! Finance
- 'Why would you eat a $10 burger out of a paper bag in your car?' Applebee's throws shade at fast food chains as it touts deals [Business Insider]Business Insider
- Is it too late to buy McDonald's stock in 2024? [USA TODAY]USA TODAY
- As fast food workers see pay increase, restaurants raise menu prices [Yahoo! Finance]Yahoo! Finance
MCD
Earnings
- 4/30/24 - Miss
MCD
Sec Filings
- 5/8/24 - Form 10-Q
- 4/30/24 - Form 8-K
- 4/29/24 - Form PX14A6G
- MCD's page on the SEC website