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McDonald’s stock price dips after a late-week swing as upgrades collide with a busy macro calendar
McDonald’s stock dipped on Friday, falling 1.4% to $327.58, despite recent analyst upgrades. The retreat occurred just before a holiday-shortened trading week, with investors anticipating Federal Reserve minutes, PCE data, and Q4 GDP numbers. McDonald’s reported strong Q4 global comparable sales and increased its quarterly dividend, but faces headwinds from cost inflation and tough winter weather.