Stocks
AXQ Capital LP Invests Heavily in McDonald's Amid Market Concerns
Axq Capital LP has recently invested $2.26 million in McDonald's Corporation (NYSE:MCD) by purchasing 8,345 shares of its stock.
This is not the only recent investment in McDonald's; other hedge funds have also added to or reduced their stakes in the company.
In related news, McDonald's insider Joseph Erlinger sold 5,252 shares of the business's stock on June 10th at an average price of $284.32 per share, resulting in a total transaction of $1.49 million.