Turnaround Comes Early to McDonald’s Stock Beating S&P 500
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The golden arches are beckoning investors back after a three-year stagnation for McDonald’s Corp.’s stock.
Gains in the world’s largest restaurant chain have outpaced the Standard & Poor’s 500 Index by about 9 percentage points since Jan. 23, breaking a torpor dating to December 2011 when McDonald’s trailed the equity benchmark by 78 percentage points. The stock fell 0.3 percent to $99.02 a share at 9:36 a.m. in New York.