McDonald's Slumps on $8.5 Billion Franchise Support Plan
McDonald's shares took a hit after the fast-food giant announced an $8.5 billion support plan for its franchisees.
The move aims to provide financial assistance to McDonald's franchise owners, who have been struggling with rising costs and declining sales.
According to reports, McDonald's will provide loans and other forms of financing to its franchisees to help them stay afloat.