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The Nasdaq 100 closed lower by around 0.5% during Wednesday's session. Investors, meanwhile, focused on some notable insider trades.
Like most consumer-facing companies, McDonald's is struggling to attract as many paying customers as it has in the past. Although it's well-positioned to fight a price war, price wars pose a direct threat to profit margins.
McDonald's (MCD) closed the most recent trading day at $293.75, moving -0.99% from the previous trading session.
TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including McDonald's and Chord Energy
With fewer customers visiting the Golden Arches as diners cut back on restaurant spending, McDonald's is now extending its $5 value meal deal through the fall and into December in most U.S. markets.
Nick Setyan, Wedbush Securities, joins 'Fast Money' to talk McDonald's expanding tis $5 value meal.
McDonald's just unveiled a new round of discounts for the rest of 2024. The chain is extending its $5 meal deal through December and adding other limited-time discounts.
The fast-food giant is extending its value meal at most of its US locations through the end of the year as inflation-battered customers prioritize value.
McDonald's (MCD) said its “Summer of Value” is extending into fall.
McDonald's extended its $5 value meal offer into December at most of its U.S. locations, the burger chain said on Thursday.