McDonald's Corp. Stock Outperforms Competitors Despite Losses On The Day
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Shares of McDonald's Corp. (MCD) dropped 0.69% to $266.78 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.53% to 4,012.32 and the Dow Jones Industrial Average rising 0.33% to 33,153.91. McDonald's Corp. closed $14.89 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 Thursday, as Starbucks Corp. (SBUX) fell 1.20% to $103.51, Chipotle Mexican Grill Inc. (CMG) fell 1.93% to $1,522.49, and Yum! Brands Inc. (YUM) fell 0.49% to $128.67. Trading volume (3.5 M) eclipsed its 50-day average volume of 2.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 23, 2023.
(END) Dow Jones Newswires
February 23, 2023 17:09 ET (22:09 GMT)
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