McDonald’s stock pulls back from record after reports of downbeat sales call by research firm

Shares of McDonald’s Corp. pulled back sharply from record highs in morning trade Tuesday, enough to pace the decliners within the Dow Jones Industrial Average , after reports of a downbeat note regarding the fast-food giant’s sales from research and analytics firm M Science. The stock had closed at a record of $161.53 on Monday. M Science and McDonald’s didn’t immediately respond to a requests for comment. The stock was down $5.27, or 3.3%, making it the biggest price and percentage decliner within the Dow. The price decline was shaving about 36 points off the Dow’s price, which was up 56 points at 22,114, just below its Aug. 7 record close of 22,118.42. McDonald’s shares have rallied 5.3% over the past three months, while the Dow has gained 4.2%.

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