McDonald's Corp. Stock Outperforms Competitors Despite Losses On The Day
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Shares of McDonald's Corp. (MCD) slid 1.16% to $263.68 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.05% to 3,970.04 and Dow Jones Industrial Average falling 1.02% to 32,816.92. This was the stock's second consecutive day of losses. McDonald's Corp. closed $17.99 short of its 52-week high ($281.67), which the company achieved on November 10th.
Despite its losses, the stock outperformed some of its competitors Friday, as Starbucks Corp. (SBUX) fell 1.85% to $101.60, Chipotle Mexican Grill Inc. (CMG) fell 3.01% to $1,476.73, and Yum! Brands Inc. (YUM) fell 1.43% to $126.83.true Trading volume (2.3 M) remained 426,352 below its 50-day average volume of 2.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 24, 2023.
(END) Dow Jones Newswires
February 24, 2023 17:09 ET (22:09 GMT)
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