Mcd stock price today trading updates show MCD stock price

Trading updates show MCD stock price today at $282. According to The Business Research Company, the global food and beverages market was valued at $6.57 trillion in 2023. Looking forward, the market is expected to grow at a compound annual growth rate (CAGR) of 5.9% during 2024-2028 to reach $8.81 trillion by ​the end of the forecast period. In 2023, Asia-Pacific was the largest region in the food and beverages market. American fast-food chain Jack in the Box announced that, beginning Oct. 1, it will introduce larger cup sizes —about a 25% increase in ounces — while also lowering prices across drive-thru menu boards. The changes will bring just over 60% of Jack’s combo meals under $10 in most markets. Investors saw MCD stock price today touch $281.60, with volume trending below its 30-day average, signaling consolidation. The stock’s valuation at 24.5x forward earnings is consistent with historical QSR multiples in steady economic conditions.