Global Markets
McDonald’s Stock Drop: Beef Price Surge and Value Shift Drag Performance
724FinanceKaptan Rıza Deniz
McDonald’s Corporation (MCD) shares fell 10.57% amid rising beef prices and concerns over the New World screwworm parasite. The stock closed at $270.67 per share in Q2 2026. Carillon Tower Advisers noted in its Q2 2026 investor letter that while McDonald’s recaptured some traffic from value-oriented consumers, the segment remains under pressure. Rothschild & Co Redburn upgraded MCD, but Morgan Stanley downgraded its potential. Hedge fund interest declined, with 83 portfolios holding shares at quarter-end. How will markets react to this shift?