General Electric Co. Stock Outperforms Market On Strong Trading Day

McDonald's Corp

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Consumer Discretionary : Hotels, Restaurants & Leisure | Large Cap Blend

Company profile

McDonald's Corporation (McDonald's) operates and franchises McDonald's restaurants. The Company's restaurants serve a locally relevant menu of food and beverages. Its restaurants are owned and operated by independent local business owners. The Company's segments include United States (U.S.), International Operated Markets (IOM) and International Developmental Licensed Markets & Corporate (IDL). The U.S. segment focuses on Company's menu and offerings, as well as delivery and digital platforms. Its IOM segment includes its operations in markets, such as Australia, Canada, France, Germany, Italy, the Netherlands, Spain, and the United Kingdom. Its IDL segment includes its operations in markets, such as Latin America and Asia. Its digital offerings include drive thru, takeaway, delivery, curbside pick-up, and dine-in. Its menu includes hamburgers and cheeseburgers, Big Mac, Quarter Pounder with Cheese, Filet-O-Fish, wraps, shakes, soft drinks, coffee, McCafe beverages and other beverages.

General Electric Co. Stock Outperforms Market On Strong Trading Day

4:56 pm ET November 17, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of General Electric Co. (GE) inched 0.58% higher to $85.39 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.31% to 3,946.56 and Dow Jones Industrial Average falling 0.02% to 33,546.32. General Electric Co. closed $18.34 short of its 52-week high ($103.73), which the company achieved on January 18th.

The stock outperformed some of its competitors Thursday, as Thermo Fisher Scientific Inc. (TMO) fell 1.14% to $529.89, Medtronic PLC (MDT) fell 2.25% to $79.94, and Danaher Corp. (DHR) fell 2.46% to $259.62. Trading volume (4.7 M) remained 1.9 million below its 50-day average volume of 6.6 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 17, 2022.

(END) Dow Jones Newswires

November 17, 2022 16:56 ET (21:56 GMT)