McDonald's Just Hit a New 52-Week Low. Don't Buy the Dip Until After August 4.

McDonald’s is at a new 52-week low, with the stock reaching $263.65, its lowest level since July 2024. The move follows a broader market bounce in the S&P 500—driven by tech—yet the index remains down 0.44% over the past five sessions. On the NYSE and Nasdaq, new 52-week lows outnumbered highs by 191 to 134, a pattern the article links to investor worry about escalation in the Middle East. The piece argues that investors should wait until after August 4, when McDonald’s reports Q2 2026 results. It cites Q1 2026 global same-store sales up 3.8% and notes Citi expects US same-store sales down 2%, including a possible multi-year low versus the fast-food benchmark.