MCDMCDMcDonald's Corporation
$231.26
24h
+0.11%
The Long InvestorThe Long Investor
5 Aug, 14:12

Bearish on MCD due to GLP-1 drug impact

Bearish-15.63%

AI Summary

The author expects McDonald's stock to decline further due to GLP-1 drug adoption reducing fast food demand among Americans.

$MCD Looking HORRIBLE here and more downside is expected to the amber support levels. Are GLPs starting to make an impact? 11% of Americans are now on them and this percentage will only grow. https://x.com/TheLongInvest/status/2085006085639790804/photo/1

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