McDonald’s Stock Posts Eighth Consecutive Weekly Decline
McDonald's (MCD) shares are on track for their eighth straight weekly decline, marking the longest losing streak since the dot-com bubble burst. As of Thursday morning trading, the stock was down approximately 24% year-to-date and hovering around $232 per share. The prolonged downturn reflects investor concerns over slowing sales growth in key markets and a broader shift toward higher interest rates impacting consumer discretionary spending. The fast-food giant has faced mounting pressure from rising commodity costs and inflation, which have squeezed profit margins despite aggressive menu price increases. Analysts suggest that the stock's performance is also being influenced by shifting market sentiment towards traditional retail and restaurant stocks amid economic uncertainty. The extended decline highlights growing skepticism about McDonald’s ability to maintain its historical growth trajectory in a more challenging macroeconomic environment.
Tickers: $MCD