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McDonald's Stock Drops: Morgan Stanley's Surprise Move
Monday, Jun 9, 2025 7:54 am ET1min read
Restaurant Brands International Inc. fell 2.81% in premarket trading. The decline may be attributed to the broader market sentiment, as downgraded to Equalweight and downgraded 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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