The Zhitong Finance App learned that the stock price of the global fast food giant McDonald's (MCD.US) continues to be under pressure and may record an eighth consecutive week of decline this week, setting the record for the longest continuous weekly decline since the Internet bubble burst. Weak growth in same-store sales in the US, management's cautious attitude towards business prospects, and capital expenditure pressure brought about by the newly announced long-term strategy are weakening investors' confidence in the company.

Zhitongcaijing · 1d ago
The Zhitong Finance App learned that the stock price of the global fast food giant McDonald's (MCD.US) continues to be under pressure and may record an eighth consecutive week of decline this week, setting the record for the longest continuous weekly decline since the Internet bubble burst. Weak growth in same-store sales in the US, management's cautious attitude towards business prospects, and capital expenditure pressure brought about by the newly announced long-term strategy are weakening investors' confidence in the company.