With a new turnaround plan for the company's business, positive guidance for the third quarter, improvement in the Asian markets, and above-expectation performance in the second quarter, the company managed to sustain the investors' confidence in the company, for now. MCD stock didn't show much volatility after the Q2 earnings release, as the stock traded between the range of $96 and $99 after the Q2 earnings release.
McDonald's Confident On Positive Comp. Sales In Q3 After Beating Market Expectations in Q2
Forbes - 28 Jul 2015 19:47
With a new turnaround plan for the company's business, positive guidance for the third quarter, improvement in the Asian markets, and above-expectation performance in the second quarter, the company managed to sustain the investors' confidence in the company, for now. MCD stock didn't show much volatility after the Q2 earnings release, as the stock traded between the range of $96 and $99 after the Q2 earnings release.
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