McDonald's Stock Hits 52-Week Low Amid Ongoing Concerns

McDonald's stock hit a 52-week low of $255.70 on September 4 amid ongoing concerns about the restaurant chain's outlook.

The decline comes after McDonald's reported mixed financial results and as consumers pullback on dining out due to elevated inflation in the U.S.

The company's net income has been affected by a total of 15 analyst downgrades since its quarterly print, with MCD stock also getting caught up in a general downturn in restaurant stocks following a Cyclosporiasis outbreak linked to fresh peppers and lettuce imported from Mexico.