Bearish mood pushes McDonald's to session low of $265.71

Published: March 19 2023, 07:40 GMT+0

Bearish mood pushes McDonald's to session low of $265.71

A quick look at Friday: during Friday's session, McDonald's toiled and struggled for upward momentum before closing at $267.2. By the close, the the fast food giant suffered a $3.37 or 1.25% loss.

McDonald's was not the only decliner in the consumer discretionary sector; Toyota drops 1.78% Friday to close at $135.9. Walt Disney went down to $93.2, losing 1.16% after it closed at $94.29 Friday. Starbucks closed at $98.7 (down 1.72%).

Trading mostly sideways for a month. The fast food company is now trading 3.97% below its 3-month high of $278.4.

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