Why McDonald's Stock Flatlined on Wednesday
McDonald's(MCD) The Motley Fool·2024-07-24 22:41
Once in a while, even the more bullish analysts tracking the popular company get less enthusiastic about it.McDonald's (MCD -0.27%) is a popular stock that frequently wins praise from market professionals. The downside of this is that, at times, when even a slight dip in that esteem happens, it can put a damper on the fast-food king's shares. This happened on Hump Day with an analyst's price target cut.The result of this was that McDonald's stock took a slight (0.3%) hit to its share price across the tradin ...