Why McDonald's Stock Popped Today

McDonald's stock surged 6.53% after Q3 earnings beat expectations, with adjusted EPS of $3.57 versus Wall Street estimates of $3.38. The company's value-focused menu strategy is attracting cost-conscious consumers, with U.S. comparable sales turning positive in September. McDonald's also raised its dividend by 4% to $1.93 per share, marking the 50th consecutive year of dividend increases.