McDonald's shares fall and record low valuation amid sluggish US sales
MCD McDonald's Corp
$281.44 +1.78%
View chart & analysis → - 1McDonald's share price fell below $230 about a month ago.
- 2McDonald's shares recorded a 9% decline as of November 5 this year.
- 3US sales are struggling within McDonald's $195.68 billion market capitalization.
So what's the key point?
McDonald's stock price has dropped because selling products in the US has become difficult. As the stock price fell by about 9%, the metric used to see how expensive the stock is relative to its profits has also decreased.
Source The Motley Fool +1 · View original ↗
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