Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
McDonald's Corp (NYSE:MCD) is testing a new chicken sandwich across three states and the National Owners Association is urging McDonald's franchise owners not to "get distracted" with inaccurate media reports concerning MSG.
What Happened With McDonald's
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
The National Owners Association said in its letter to members that the U.S. Food and Drug Administration deems MSG safe for use in food and it is used by "all of our Chicken Sandwich competitors," according to Nation's Restaurant News. In fact, McDonald's doesn't have a single nation-wide item with MSG -- a claim some of its competitors can't make.
Restaurant Brands International Inc's (NYSE:QSR) Popeyes chain sells multiple items nationwide with MSG, a company representative told NRN. Similarly, Chick-fil-A's classic chicken sandwich and chicken strips both contain MSG. However, McDonald's is on the receiving end of some negative press.
Why MSG Use Is Important
Many consumers link headaches and other physical symptoms with MSG, but the FDA notes the absence of any conclusive findings from scientific studies. McDonald's told NRN its new chicken sandwich received a "positive response" from consumers.
McDonald's also told NRN feedback and insights from its chicken sandwich tests will "inform our decisions moving forward."
McDonald's stock trades around $213 per share.
Related Links:
McDonald's Teases New Chicken Sandwiches
Popeyes Marketing Exec: Sandwich Success 'Involved Zero TV Advertising'
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.