McDonald's Corp

McDonald's shares plunged 5%, further extending their losses for the year. Will the stock continue to fall?

On September 23, Eastern Time, McDonald's (MCD) shares came under renewed downward pressure, falling over 6% intraday to record their largest single-day decline since March 2020 and approaching a four-year low. The stock has fallen in 9 of the past 11 trading sessions. Investors are assessing the impact of a major franchisee support plan on the company's short-term cash flow, as well as whether the initiative can sustain long-term growth.

TradingKey - McDonald’s beat Q1 2026 with $6.52B revenue and $2.83 EPS vs $2.75 est. Global comps +3.8%. Q2 deceleration flagged. Falling wedge support at $282–$284. Target $289–$292.

TradingKey - Despite recent softness in revenue and same-store sales (SSS), McDonald’s remains a rock-solid giant, thanks to its “landlord” franchising model.