McDonald's Says Many Markets Are Back Online, And The Rest Are In Process Of Coming Back Online; At ~Midnight CDT On Friday, Co Experienced A Global Technology System Outage, Which Was Quickly Identified And Corrected; Outage Caused By Third-Party Provider During Configuration Change
Portfolio Pulse from Benzinga Newsdesk
McDonald's experienced a global technology system outage at around midnight CDT on Friday, caused by a third-party provider during a configuration change. The company has announced that many markets are back online, and the rest are in the process of coming back online.

March 15, 2024 | 2:51 pm
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McDonald's experienced a global technology system outage, which has been quickly resolved with many markets back online.
The quick identification and correction of the global technology system outage by McDonald's demonstrates the company's resilience and effective crisis management. This swift recovery is likely to reassure investors and could have a positive impact on McDonald's stock price in the short term, as it minimizes operational disruptions and potential revenue loss.
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