McDonald’s Falls After February Sales Trail Estimates
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McDonald’s Corp., the world’s largest restaurant chain, fell the most in more than five months after reporting February sales that trailed analysts’ estimates as consumers cut spending in Europe.
McDonald’s slid 3 percent to $97.18 at 9:51 a.m. in New York, after declining as much as 3.4 percent, the biggest intraday drop since Sept. 9.