NIO, RARE and MCD hit 52-week lows amid negative catalysts
NIO, Ultragenyx Pharmaceutical (RARE) and McDonald's (MCD) plunged to 52-week lows. TradingView News cites negative catalysts and price target cuts, with NIO down 0.3% after Q2 results that fell short of expectations.
Shares of NIO Inc. (NIO), Ultragenyx Pharmaceutical Inc. (RARE) and McDonald's Corp. (MCD) plunged to 52-week lows on Thursday amid a series of negative catalysts and price target cuts.NIO stock closed down 0.3% on Thursday after posting second-quarter (Q2) results that fell short of expectations a…