McDonald's Popped 4% While the Nasdaq Fell. Is the Dividend Juggernaut Back?
When tech wobbled, nervous money bought burgers. Here's what gives -- and whether shares look attractive today.
Overview
On a day when investors sold their technology winners, they went shopping for shelter -- and found the golden arches. McDonald's (NYSE: MCD) jumped about 4% on Thursday while the Nasdaq Composite slipped 0.8%, marking one of the sharpest single-day gaps between the burger giant and the tech-heavy index this year.
One strong session doesn't settle much on its own. McDonald's shares are still down about 8% in 2026 as of this writing, and they sit nearly 18% below their 52-week high. But the rotation raises a fair question: If nervous money is hunting for defensive dividend payers, does this one deserve the bid?
Image source: Getty Images.
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Originally published at www.fool.com.