5 Fast-Food Stocks That Shot Higher on News of the Federal Stimulus Package
Shares of fast-food restaurants joined in the bull run on today's news that Congress was closing in on approving $2 trillion as an economic stimulus as America moves closer to what is likely to be its fastest fall into recession in decades.
Shares of Jack in the Box (NASDAQ: JACK) and Restaurant Brands International (NYSE: QSR) finished Wednesday up more than 13%, while YUM! Brands (NYSE: YUM) gained more than 5%. Wendy's (NASDAQ: WEN) and McDonald's (NYSE: MCD) finished trading with modest gains after spending most of the afternoon up more than 5%.
Image source: Getty Images.
Source Fool.com
