YUM - McDonald's Stock Dips On CEO Update: The Details | Benzinga
McDonald's Corp (NYSE: MCD) shares are trading slightly lower Thursday afternoon after the company's CEO released a letter regarding headwinds related to war in the Middle East.
What Happened: In a new letter posted on LinkedIn, McDonald's president and CEO Chris Kempczinski reflected on 2023 and warned of potential headwinds in markets in and around the Middle East.
"Several markets in the Middle East and some outside the region are experiencing a meaningful ...