McDonald's Corp. Stock Outperforms Market On Strong Trading Day
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Shares of McDonald's Corp. (MCD) inched 0.03% higher to $268.64 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.16% to 3,991.05 and Dow Jones Industrial Average falling 0.26% to 33,045.09. McDonald's Corp. closed $13.03 short of its 52-week high ($281.67), which the company achieved on November 10th.
The stock outperformed some of its competitors Wednesday, as Starbucks Corp. (SBUX) fell 0.01% to $104.77, Chipotle Mexican Grill Inc. (CMG) fell 1.08% to $1,552.38, and Yum! Brands Inc. (YUM) fell 1.00% to $129.31. Trading volume (2.2 M) remained 472,175 below its 50-day average volume of 2.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 22, 2023.
(END) Dow Jones Newswires
February 22, 2023 17:09 ET (22:09 GMT)
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