McDonald's Corp. Stock Falls Tuesday, Still Outperforms Market
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Shares of McDonald's Corp. (MCD) slumped 0.53% to $268.55 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 2.00% to 3,997.34 and Dow Jones Industrial Average falling 2.06% to 33,129.59. McDonald's Corp. closed $13.12 below its 52-week high ($281.67), which the company achieved on November 10th.
Despite its losses, the stock outperformed some of its competitors Tuesday, as Starbucks Corp. (SBUX) fell 2.17% to $104.78, Chipotle Mexican Grill Inc. (CMG) fell 2.99% to $1,569.26, and Yum! Brands Inc. (YUM) fell 0.63% to $130.61.true Trading volume (2.8 M) eclipsed its 50-day average volume of 2.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 21, 2023.
(END) Dow Jones Newswires
February 21, 2023 17:09 ET (22:09 GMT)
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