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McDonald's Slides to Four-Year Low Amid Inflation Woes

Guavy AI Editorial Team
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MCD
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McDonald's shares have plummeted to a four-year low, losing ground for the seventh consecutive week. This marks the worst streak since July 2014.

The decline accelerated after the company's investor day, where an $8.5 billion franchisee support plan failed to reassure investors.

McDonald's CEO Chris Kempczinski was candid about his expectations on CNBC's 'Squawk on the Street', saying 'We're not expecting things to change.'

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