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McDonald's Corp. (NYSE: MCD) shares are down 5.14% this week, and it's only Wednesday.
MCD stock took a hit after horrible November global same-store sales (SSS) numbers were released Dec. 8. The report indicated sales in the United States dropped 4.6% year over year - that was more than double the loss analysts had projected. Meanwhile, worldwide same-store sales were down 2.2%.
Money Morning Defense & Tech Specialist Michael A. Robinson - who has been following the tech markets for more than 30 years - joined FOX Business' "Varney & Co." Tuesday afternoon and told viewers what the fast-food chain must do to reverse course. He also answered the big MCD question right now: Buy, sell, or hold?