Arcos Dorados Holdings Inc (ARCO): Stock Price and News
Company Overview
Arcos Dorados Holdings Inc. is the world's largest McDonald's franchisee.
The company operates more than 2,200 restaurants in 20 countries in Latin America and the Caribbean. Arcos Dorados is headquartered in Buenos Aires, Argentina.
The company's stock is traded on the New York Stock Exchange under the ticker symbol ARCO.
Stock Price History
The company's stock price has been on a steady upward trend in recent years. In 2020, the stock price rose by more than 50%. The stock price has continued to rise in 2021, and it is currently trading at around $10 per share.
News
The company recently announced plans to expand its operations in Brazil. The company plans to open 100 new restaurants in Brazil over the next five years.
The company also recently announced that it has signed a new agreement with McDonald's Corporation. The new agreement will extend the company's franchise agreement for another 20 years.
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