McCormick Sells McDonald's Stock Amid Decline

Representative Richard McCormick of Georgia recently disclosed that he sold between $1,001 and $15,000 in McDonald's (NYSE:MCD) stock on July 30th. This trade was made through his 'GROWTH PARTNERS ROTH IRA' account.

In the same filing, Representative McCormick also revealed that he had sold shares of other prominent companies, including Medtronic (NYSE:MDT), NextEra Energy (NYSE:NEE), PepsiCo (NASDAQ:PEP), and Abbott Laboratories (NYSE:ABT).

McDonald's stock has been experiencing a decline recently, with the price dropping 2.7% to open at $265.43 on Tuesday.