McDonald's's most recent trend suggests a bullish bias. One trading opportunity on McDonald's is a Bull Put Spread using a strike $200.00 short put and a strike $190.00 long put offers a potential 8.23% return on risk over the next 27 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $200.00 by expiration. The full premium credit of $0.76 would be kept by the premium seller. The risk of $9.24 would be incurred if the stock dropped below the $190.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for McDonald's is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for McDonald's is bullish.
The RSI indicator is at 71.49 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for McDonald's
McDonald's Sets Goals To Expand Diversity Among Senior Leadership Ranks
Thu, 18 Feb 2021 22:35:13 +0000
McDonald’s Corp (NYSE: MCD) has set a goal of expanding representation of women and people of color in its leadership ranks over the next four years. What Happened: In a corporate blog post titled, “Allyship Through Accountability,” the restaurant chain stated the mission to “increase representation of historically underrepresented groups in leadership roles (senior director and above)” to 35% by 2025; as of 2020, McDonald’s found these demographics accounted for 29% of leadership roles. The company also stated it would increase the representation of women in leadership roles globally to 45% within four years; as of 2020, women make up 37% of McDonald’s global leadership positions. The company also said it would begin using “quantitative human capital management-related metrics” to measure the annual incentive compensation for its executive vice presidents. Under these metrics, executives will be judged on “their ability to champion our core values, improve representation within leadership roles for both women and historically underrepresented groups, and create a strong culture of inclusion within the company.” The company’s senior leadership will also collaborate with Chief Diversity, Equity and Inclusion Officer Reggie Miller and his office on initiatives to further encourage diversity in the upper ranks, including the use of an “Inclusion Index” for building a more inclusive workforce. Why It Matters: The new emphasis on diversity comes as McDonald’s is facing a public relations dilemma with a lawsuit by Herbert Washington, a former Oakland A’s player and McDonald’s franchisee who alleged the company restricted him to low-volume locations in predominantly Black neighborhoods, then forced him to downsize after grading his locations unfairly. McDonald's, in turn, told CNBC that Washington’s franchises were disrupted by “years of mismanagement” and generated high volumes of customer complaints. Washington’s lawsuit is the latest complaint of racial bias aimed at McDonald’s. Last September, 52 Black former McDonald’s franchisees sued the company for racial discrimination, claiming they were denied the same opportunities as White operators. In January 2020, two Black former executives sued McDonald’s over alleged racial discrimination in the workplace. McDonald’s had a Black president and CEO when Don Thompson ran the company from 2012 until 2015. Thompson stepped down and is now CEO of Cleveland Avenue, a venture capital firm focused on the food trade. (Photo by Raysonho/Creative Commons) See more from BenzingaClick here for options trades from BenzingaMcDonald's Returns Hi-C Orange To Menu After 4-Year Absence© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
McDonald's looks for ‘gender parity' by 2030
Thu, 18 Feb 2021 20:57:17 +0000
The fast-food chain has been under fire over racial discrimination and handling of sexual harassment claims.
McDonald's ties executive bonuses to diversity, releases workforce data
Thu, 18 Feb 2021 18:20:55 +0000
McDonald's Corp on Thursday said it will tie executive bonuses to new goals for diversifying the company and for the first time publicly release demographic details of its workforce. Under the new rules, CEO Chris Kempczinski stands to lose 15% of his approximately $2.25 million annual bonus if he fails to meet goals to increase the portion of women and Blacks, Hispanics, Asians and other minorities in senior leadership roles. As activists have called for more transparency, companies are increasingly reporting demographic data for their workforces and tying executive pay to diversification goals.
Better Buy: McDonald's vs. DoorDash
Thu, 18 Feb 2021 13:07:00 +0000
Food is joining the digital revolution, and two of the top players are McDonald's (NYSE: MCD) and DoorDash (NYSE: DASH). McDonald's is the established leader in fast food, and DoorDash is the hot IPO. McDonald's is the largest fast food chain in the world with nearly 40,000 global restaurants, most of which are franchised.
State fines McDonald's franchisee for firing workers voicing coronavirus safety concerns
Wed, 17 Feb 2021 23:45:17 +0000
California Labor Commissioner has fined a McDonald's franchisee for firing four employees who protested coronavirus safety conditions
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