Live from the Nasak, Marcus,

I'm in the heart of New York City's Times Square.

This is Fast Money.

Here's what's on tap tonight.

Burrito Bummer shares a Chipotle getting rocked

since it's 50 for one stock split other quick serve names also getting hit?

Mickey Ds, Wendy, Starbucks and beyond will this struggle ripple through to other

consumer stocks? We'll debate that. Plus fighting back, Biden vowing not to step down and

step aside what as a candidate what do Wall Street and Washington think about

the president's force will push back against its critics and later cocktails in a can

will take you inside the battle for shelf space that's brewing

between the beer giants and the ready to drink distillers.

No Tim, we're not talking Bartles and James. I'm Melissa Lee coming to

you live from studio be at the Nasak on the death tonight. Tim Seymour, Karen

Feinerman, Guy Dami and Lori Calvasina, head of U.S. Equity Strategy at RBC. And we start off with the

the US Equity Strategy at RBC and we start off with the fast food

implosion shares of Chipotle down another 5% today hitting their lowest

level since late April. The stock now down nearly 15% from its all-time high hit just under three weeks ago.

10% since its 50 for one stock split went into effect at the end of last month.

But it's not the only restaurant stock struggling.

Starbucks resuming its downtrend down nine of the last 10 days and 11 of the last 13.

Wendy's is trading at levels not seen since May 2022 and even McDonald's is down more than 15% this year.

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