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McDonald’s (MCD) Stock Rising on Pokemon Go Deal

NEW YORK (TheStreet) -- Shares of McDonald's (MCD) are gaining 1.44% to $125.58 this morning after the company closed a deal with Nintendo (NTDOY) to bring the Japanese game maker's mobile application, Pokemon Go, to its home country of Japan.

Pokemon Go, currently available in over 30 countries, will go live in Japan on Wednesday, July 20, the Wall Street Journal reports.

McDonald's is teaming with Nintendo to become the first company to own "sponsored locations" in the game.

McDonald's will be able to make its 3,000 Japanese restaurants key locations in the game, potentially driving...


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