FILE - This Feb. 14, 2018, file photo shows a McDonald's restaurant in Ridgeland, Miss. McDonald's shares are declining on signs that its value menu may be falling flat with customers. (AP Photo/Rogelio V. Solis, File)
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Wall Street is losing its appetite for McDonald's, believing that there aren't many fans of its new Dollar Menu.In January, McDonald's replaced revived its popular Dollar Menu, with items priced at 1, $2 or $3 .McDonald's may have cannibalized its own sales with promotions for the Dollar Menu, pulling customers away from its popular breakfast foods, Palmer wrote. He also thinks the Dollar Menu doesn't have a "hero" item on it, something that will pull people into a McDonald's restaurant, rather than a Burger King or Taco Bell.
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