McDonalds stock is trading at a shocking low
News Source : Yahoo Entertainment
News Summary
- At $275, shares of the Golden Arch’s haven’t been this low since August 2024.
- The stock is down 10% year to date versus a nearly 3% gain for the Dow Jones Industrial Average (^DJI) Burger King US posted a 5.8% same-store sales increase in the first quarter, powered by consumers falling back in love with the Whopper amid improvements such as creamier mayo and a fluffier bun.
- The quarter lagged versus BK despite the introduction of the new Big Arch burger — and CEO Chris Kempczinski going viral for taking a wimpy bite of it in a social media video.
McDonalds (MCD) stock price has burned off some fat.At $275, shares of the Golden Archs havent been this low since August 2024. The stock is down 10% year to date versus a nearly 3% gain for the Do [+2727 chars]
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