McDonald's Slumps to Four-Year Lows After Investor Day Raises Concerns

McDonald's stock plummeted to four-year lows on Wednesday after its investor day unveiled an $8.5 billion franchisee support plan that spooked investors instead of reassuring them.

The stock, down 5.4% to $234.88, is now on pace for a seventh straight weekly loss, marking the company's worst losing streak since July 2014.

Several analysts have already cooled their turnaround expectations, with UBS trimming its price target to $320, Citigroup to $310, and Morgan Stanley to $308 in the past week alone.

Seaport Global initiated coverage at Neutral, indicating that meaningful improvement in results is unlikely before mid-2027.