A federal judge ruled that McDonald's must face a class action lawsuit claiming the McRib sandwich misleads customers by resembling pork ribs despite containing no actual rib meat. The court allowed claims of consumer deception and fraud to proceed, citing surveys showing many consumers expect rib meat in the sandwich. McDonald's denies the allegations, stating the McRib contains 100% pork and that its name and ingredient list are not misleading. The ruling does not prove wrongdoing but lets the case move forward.
Following the legal challenge over the McRib’s meat content, McDonald’s stock shows resilience on Pluang, trading at USD 258.12 with a slight gain of 0.29% as of Oct 31, 2026, 14:41 WIB. The company holds a substantial market cap of $182.13 billion and offers a dividend yield of 3%. Despite the lawsuit, investor activity leans more towards selling, with 65% of orders being sell orders on the platform.
Chipotle reported Q3 2026 results showing a 2.1% increase in same-store sales, surpassing Wall Street's 1.5% estimate, driving a 9% jump in its stock price. However, adjusted earnings per share missed expectations due to heavy promotions that squeeze...
Chipotle Mexican Grill's stock rose 4% to $29, bouncing back from a recent 52-week low of $27.31 as investors anticipate its Q3 2026 earnings report. The rebound follows mixed analyst views and a prior dip triggered by takeover rumors and food-safety...
Trian Fund Management, Wendy's largest shareholder, proposed a $1.4 billion take-private offer at $7.35 per share, causing Wendy's stock to surge 14%. The offer aims to provide long-term capital to help Wendy's turnaround amid declining sales and fra...
