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McDonald's Shares Go Rancid -- Golden Arches See Stock Dive Below Key Price

Brian Sozzi

On Monday, the stock dropped below the 50-day moving average amid concerns from investment bank Stifel that McDonald's store remodels will continue to weigh on U.S. sales through early 2019. McDonald's investors haven't had many bullish items to chew on this year, so Stifel's note isn't anything new in and of itself.