A lot of investors were disappointed with the latest earnings results from McDonalds and they sent the stock plunging lower yesterday.
They missed estimates by a wide margin, earning $2.11 a share versus $2.21 expected versus $2.10 for the same quarter in 2018. Revenue came in at $5.4 billion, unchanged from a year earlier.
McDonalds Stock (MCD) – Trade Alerts In The Sell-Off After Earnings – Oct 23 2019
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