Shares of McDonald’s Corp.
inched 0.10% higher to $232.14 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index
falling 0.21% to 4,188.13 and Dow Jones Industrial Average
falling 0.24% to 34,312.46. This was the stock’s second consecutive day of gains. McDonald’s Corp. closed $6.04 short of its 52-week high ($238.18), which the company achieved on May 3rd.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Starbucks Corp.
rose 0.10% to $112.63, Chipotle Mexican Grill Inc.
rose 0.28% to $1,346.13, and Yum! Brands Inc.
rose 0.07% to $120.60. Trading volume (2.7 M) remained 43,206 below its 50-day average volume of 2.7 M.