McDonald's (MCD) gains ahead of April sales data

McDonald's

shares gained 1.5% to $98.23. The restaurant chain is slated to release its April sales data. McDonalds on Monday said it would restructure its global business and sell more restaurants to franchise operators as part of its effort to reduce $300 million in annual costs. Share volume was 1.2 million, compared to an all-day average of 1.7 million