On December 31, 1984, McDonald's (MCD) stock closed at $1.41 per share.
McDonald's Stock Performance in 1984
McDonald's Corporation (MCD) is a global leader in the fast-food industry, and its stock has a rich history reflecting its growth and market presence. For investors and enthusiasts looking back at the mid-1980s, the valuation of McDonald's shares was notably different from today's figures.
Specifically, on the last trading day of 1984, December 31st, the closing price for a single share of McDonald's stock was $1.41. This price represents the value at which the stock concluded trading on that particular date.
This period was marked by significant appreciation for McDonald's shares. Between 1978 and 1984, the company's stock experienced a substantial increase, soaring by 266.5%. This impressive growth highlights a strong performance during that six-year interval, indicating robust investor confidence and business expansion.
To provide a broader perspective on the stock's journey, McDonald's stock has seen remarkable long-term growth. As of recent data, the latest price for McDonald's shares stands around $292.98. This contrast vividly illustrates the long-term compounding effect and the potential returns for patient investors in well-established companies.
Here’s a summary of key McDonald's stock data points from that era and beyond:
| Metric | Value | Date/Period |
|---|---|---|
| Closing Price (1984) | $1.41 | December 31, 1984 |
| Growth (1978-1984) | 266.5% | 1978 to 1984 |
| Latest Known Price | $292.98 | Recent |
Understanding these historical figures provides valuable context for how major corporations like McDonald's have evolved in the stock market over several decades.
