McDonald’s (MCD, news, chart) is seeing three times its normal trading volume as the stock touches a new 52-week high. MCD is up $3.57 to $65.43 after reporting an 8 percent increase in July worldwide sales. System wide, sales at McDonald’s resaurants rose 15.9 percent. In the options market, trading is brisk with 29,000 MCD calls and 13,000 puts trading on the day.
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McDonalds Corp (MCD) $65.17 +5.35%
Posted on August 8th, 2008 1:00 pm
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