Shares of McDonald’s Corp.
slipped 1.37% to $205.82 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index
falling 1.31% to 3,819.72 and Dow Jones Industrial Average
falling 0.39% to 31,270.09. The stock’s fall snapped a two-day winning streak. McDonald’s Corp. closed $26.09 short of its 52-week high ($231.91), which the company achieved on October 16th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Starbucks Corp.
fell 0.91% to $106.22, Chipotle Mexican Grill Inc.
fell 4.56% to $1,408.22, and Yum! Brands Inc.
fell 1.17% to $103.51. Trading volume (3.5 M) eclipsed its 50-day average volume of 3.1 M.