McDonald’s Corp.’s stock has been trending higher during the month of November and the company’s app is moving up with it.
The fast-food app began the month ranked 45th, but has since seen download volume and usage surge. The McDonald’s app is ranked 18th in the “Top Free Apps” category in Apple Inc’s app store as of Thursday, according to data from SimilarWeb.
The stock chart looks similar to the app usage chart. McDonald’s stock began the month trading around the $245 level before moving higher by about 8.5 percent over the last two weeks.
The McDonald’s app has passed other popular apps during December including DoorDash Inc., Walmart Inc., and Walt Disney Co.’s Disney+.
The stock is approaching 52-week highs, up 0.46 percent at $265.74 at time of publication.
By Adam Eckert
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