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- Jun 20th Stock Market Update - As fast food gets more expensive, quick service restaurants are thriving
Jun 20th Stock Market Update - As fast food gets more expensive, quick service restaurants are thriving
$MASI $WING $WIX
Mukund Mohan
June 20, 2024
Market
“Chili’s and Olive Garden (Darden) are running campaigns pointing out the high prices of a Big Mac combo, which is as expensive as a dine-in entree. This has led to QSR gaining share from fast food chains” 😊 😋
As I mentioned last week, expect a pullback from highs for stocks
This pullback that I expect in most stocks should take a few sessions with a dip close to 3-5% lower from highs.
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Video of the day
Today’s video is on WingStop $WING, the chicken sandwich QSR restaurant chain.
