«  
  »
S M T W T F S
 
 
 
1
 
2
 
3
 
4
 
5
 
6
 
7
 
8
 
9
 
10
 
11
 
12
 
13
 
14
 
15
 
16
 
17
 
18
 
19
 
20
 
21
 
22
 
23
 
24
 
25
 
26
 
27
 
28
 
29
 
30
 
 
 

5 Fast-Food Stocks That Shot Higher on News of the Federal Stimulus Package

DATE POSTED:March 25, 2020

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.

Continue reading