McDonald's Shares Slump as GLP-1 Risks Spur Rare Sell Rating
McDonald's Corp. shares slumped on Tuesday after Redburn Atlantic slapped the burger chain with its sole sell rating, saying shifting consumer patterns due to weight-loss drugs and inflation are cause for concern.
Shares of McDonald's fell as much as 1.6% in premarket trading on the downgrade, a two-notch cut from Redburn's previous buy rating. The stock has declined for six straight days, it's longest losing streak in a year, after closing just below a record high in mid-May.
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Posted Jun 11, 2025 at 4:51 PM EDT 0 Comments
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