Shares of McDonald’s Corp. MCD, -0.89% slipped 0.89% to $265.77 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX, -1.45% falling 1.45% to 3,822.39 and Dow Jones Industrial Average DJIA, -1.05% falling 1.05% to 33,027.49. The stock’s fall snapped a two-day winning streak. McDonald’s Corp. closed $15.90 below its 52-week high ($281.67), which the company achieved on November 10th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Starbucks Corp. SBUX, -0.92% fell 0.92% to $97.76, Chipotle Mexican Grill Inc. CMG, -1.22% fell 1.22% to $1,407.80, and Yum! Brands Inc. YUM, +0.03% rose 0.03% to $128.82. Trading volume (2.4 M) remained 837,879 below its 50-day average volume of 3.2 M.