With a market cap of $209.7 billion, McDonald's Corporation (MCD) is a leading global fast-food chain and operates in the quick-service restaurant industry. Based in Chicago, Illinois, it franchises and operates restaurants offering a variety of food and beverages worldwide.
Shares of the fast food giant have underperformed the broader market over the past 52 weeks. MCD has risen 8.2% over this time frame, while the broader S&P 500 Index ($SPX) has gained 30.4%. In 2024, shares of MCD are down 1.3%, compared to SPX’s 23.1% increase on a YTD basis.