McDonald's Stock Drops: Morgan Stanley's Surprise Move

Monday, Jun 9, 2025 7:54 am ET1min read
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Restaurant Brands International Inc. fell 2.81% in premarket trading. The decline may be attributed to the broader market sentiment, as Morgan StanleyMS-- downgraded McDonald'sMCD-- to Equalweight and Goldman SachsAAAU-- downgraded General MillsGIS-- to Neutral. Additionally, Starbucks China announced price reductions for some of its iced drinks, indicating increased competition and cautious consumer spending, which could negatively impact the overall food and beverage sector.

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