Apple App Store Analysis: McDonald's Passes DoorDash, Walmart And Disney

McDonald's Corp's MCD stock has been trending higher during the month of November and the company's app is moving up with it.

The fast-food app began the month ranked 45th, but has since seen download volume and usage surge. The McDonald's app is ranked 18th in the "Top Free Apps" category in Apple Inc's AAPL app store as of Thursday, according to data from SimilarWeb.

The stock chart looks similar to the app usage chart. McDonald's stock began the month trading around the $245 level before moving higher by about 8.5% over the last two weeks.

The McDonald's app has passed other popular apps during December including DoorDash Inc DASH, Walmart Inc WMT and Walt Disney Co's DIS Disney+.

See Also: Analyst Ratings For McDonald's

MCD Price Action: McDonald's has traded as high as $265.86 and as low as $202.73 over a 52-week period.

The stock is approaching 52-week highs, up 0.46% at $265.74 at time of publication.

Photo: Pexels from Pixabay.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!