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McDonald's (MCD) has expanded its alliance with Uber across 14 countries, making Uber the preferred delivery provider for orders in the McDonald's app and linking both companies' loyalty programs for shared rewards. The McDonald's share price has bounced sharply in the past month, with a 30‑day share price return of 19.95% and a 7‑day gain of 7.27%. However, the year to date share price return is still down 6.95% and the 1 year total shareholder return is down 5.67%. This points to improving momentum after a tougher stretch, despite recent earnings, value menu tests, fresh legal claims around product labeling, and new fixed income issuance.
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