Susquehanna Sinks Big Bucks into Golden Arches
Susquehanna Fundamental Investments LLC has made a significant investment in McDonald's Corporation. The firm purchased 128,112 shares of McDonald's stock during the second quarter, valued at approximately $34.63 million.
This new stake is just one of several recent investments in McDonald's by institutional investors. In total, these investors have collectively increased their holdings in the company by a small percentage over the past few quarters.
The market capitalization of McDonald's stands at around $187.56 billion, with a price-to-earnings ratio of 21.53 and a beta of 0.41.