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McDonald’s makes comeback with record high

The stock market loves all-day McMuffins and McGriddles, too.

Driven partially by the popularity of its new all-day breakfast program, McDonald's shares hit a record high on Wednesday, even as the market as a whole stagnates. This marked a notable change from recent years, when McDonald's was marred with stagnant sales, dwindling popularity and badly underperforming shares.

"Who would expect that McDonald's is the number one performing Dow stock over the last year?" said Eddy Elfenbein, editor of Crossing Wall Street. "It was in September that the company tweeted news of the all-day...


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