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West Branch Capital Sells Large Block of McDonald's Stock

Guavy AI Editorial Team
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MCD
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West Branch Capital LLC reduced its holding in shares of McDonald's Corporation by selling 5,334 shares during the second quarter. This move decreased their holdings by 57.6% from the previous quarter.

The company now owns 3,927 shares of McDonald's stock after the sale, which is valued at $1,061,000 at the end of the most recent quarter.

This change in holdings comes as McDonald's continues to face challenges with slowing U.S. comparable sales and competitive pressure from a strengthening Burger King.

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