McDonald's Corp. Stock Outperforms Market On Strong Trading Day
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Shares of McDonald's Corp. (MCD) inched 0.15% higher to $266.61 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.03% to 4,136.13 and Dow Jones Industrial Average falling 0.46% to 34,089.27. This was the stock's third consecutive day of gains. McDonald's Corp. closed $15.06 below its 52-week high ($281.67), which the company reached on November 10th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Starbucks Corp. (SBUX) fell 0.50% to $107.98, Chipotle Mexican Grill Inc. (CMG) rose 1.87% to $1,644.52, and Yum! Brands Inc. (YUM) fell 1.28% to $130.83. Trading volume (2.2 M) remained 495,181 below its 50-day average volume of 2.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 14, 2023.
(END) Dow Jones Newswires
February 14, 2023 17:09 ET (22:09 GMT)
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