McDonald's Corporation $MCD Shares Sold by Cinctive Capital Management LP

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Cinctive Capital Management LP significantly reduced its stake in McDonald’s Corporation, selling 97.5% of its shares in Q3, while company insiders also sold a substantial number of shares. Despite these sales, McDonald’s exceeded quarterly earnings and revenue estimates and announced a quarterly dividend. Analyst opinions on McDonald’s are mixed, with a consensus “Hold” rating but some price target increases from various banks.

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