McDonald's Corp. Stock Outperforms Market On Strong Trading Day
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Shares of McDonald's Corp. (MCD) rose 1.44% to $266.20 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.14% to 4,137.29 and the Dow Jones Industrial Average rising 1.11% to 34,245.93. This was the stock's second consecutive day of gains. McDonald's Corp. closed $15.47 short of its 52-week high ($281.67), which the company achieved on November 10th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Starbucks Corp. (SBUX) rose 1.34% to $108.52, Chipotle Mexican Grill Inc. (CMG) rose 1.92% to $1,614.31, and Yum! Brands Inc. (YUM) rose 0.92% to $132.52. Trading volume (2.4 M) remained 334,888 below its 50-day average volume of 2.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 13, 2023.
(END) Dow Jones Newswires
February 13, 2023 17:09 ET (22:09 GMT)
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