EXCLUSIVE: Donald Trump Working At McDonald's Could Boost Favorable Ratings, 30% Of Benzinga Readers View Former President Better Now
Portfolio Pulse from Chris Katje
Donald Trump's campaign event at a Pennsylvania McDonald's could boost his favorable ratings among voters, with 30% of Benzinga readers viewing him more favorably. The event, however, has prompted McDonald's to clarify its non-endorsement of political candidates.
October 22, 2024 | 3:44 pm
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NEUTRAL IMPACT
McDonald's was involved in a campaign event with Donald Trump, which led to a clarification from the company about its non-endorsement of political candidates. The stock saw a slight decline after hitting a 52-week high.
The event involving Trump at a McDonald's location led to a public statement from the company, which could affect public perception. However, the direct impact on McDonald's stock is minimal as the event is more politically oriented.
CONFIDENCE 80
IMPORTANCE 30
RELEVANCE 50