Shares of McDonald’s Corp.
slipped 1.82% to $229.62 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index
falling 1.31% to 4,166.45 and Dow Jones Industrial Average
falling 1.58% to 33,290.08. This was the stock’s fourth consecutive day of losses. McDonald’s Corp. closed $8.56 short of its 52-week high ($238.18), which the company reached on May 3rd.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Starbucks Corp.
fell 1.52% to $109.70, Chipotle Mexican Grill Inc.
rose 0.39% to $1,399.63, and Yum! Brands Inc.
fell 1.88% to $114.64. Trading volume (4.3 M) eclipsed its 50-day average volume of 2.4 M.