Here's Why McDonald's Stock Dipped Today

Shares of fast-food giant McDonald's (MCD -3.94%) fell on Monday after the company reported financial results for the fourth quarter of 2023. The results were solid, but management's guidance for 2024 wasn't up to the market's expectations. As of 10:30 a.m. ET, McDonald's stock was down about 3.5%.Growth is cooling for McDonald'sIn 2023, the company enjoyed global same-store-sales (comparable-sales) growth of 9%, which is quite good for a company this large and mature. These strong sales numbers also substa ...