McDonald's Loses Major Investor Amid Weak Performance
Franklin Street Advisors Inc. NC has decreased its stake in McDonald's Corporation (NYSE:MCD) by 66.3% during the 2nd quarter, according to a recent disclosure with the SEC.
The firm owned 10,587 shares of McDonald's stock after selling 20,874 shares during the period.
Franklin Street Advisors Inc. NC's holdings in McDonald's were worth $2,862,000 as of its most recent filing with the SEC.