McDonald's Corp. stock outperforms market despite losses on the day

McDonald's Corp. stock outperforms market despite losses on the day

Shares of McDonald's Corp. MCD, -0.80% shed 0.80% to $245.95 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX, -1.72% falling 1.72% to 3,693.23 and Dow Jones Industrial Average DJIA, -1.62% falling 1.62% to 29,590.41. This was the stock's fourth consecutive day of losses. McDonald's Corp. closed $25.20 short of its 52-week high ($271.15), which the company reached on January 4th. The stock demonstrated a mixed performance when …