Ticker | MCD |
FIGI | BBG000BNSZP1 |
CUSIP | 580135101 |
Sector | Consumer Discretionary |
Equity Type | Common Stock |
No. Companies Holding this Equity | 2893 / 41.9% |
Percentage held by institutional investors | 68.5% |
About
McDonald's Corporation is an American multinational fast food chain, founded in 1940 as a restaurant operated by Richard and Maurice McDonald, in San Bernardino, California, United States. They rechristened their business as a hamburger stand, and later turned the company into a franchise, with the Golden Arches logo being introduced in 1953 at a location in Phoenix, Arizona. In 1955, Ray Kroc, a businessman, joined the company as a franchise agent and in 1961 bought out the McDonald brothers. Previously headquartered in Oak Brook, Illinois, it moved to nearby Chicago in June 2018. Wikipedia