McDonald's Corp. Stock Outperforms Market On Strong Trading Day
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Shares of McDonald's Corp. (MCD) inched 0.42% higher to $264.78 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.31% to 3,982.24 and the Dow Jones Industrial Average rising 0.22% to 32,889.09. The stock's rise snapped a two-day losing streak. McDonald's Corp. closed $16.89 below its 52-week high ($281.67), which the company achieved on November 10th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Starbucks Corp. (SBUX) rose 0.83% to $102.44, Chipotle Mexican Grill Inc. (CMG) rose 1.22% to $1,494.75, and Yum! Brands Inc. (YUM) fell 0.20% to $126.57. Trading volume (1.9 M) remained 814,567 below its 50-day average volume of 2.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 27, 2023.
(END) Dow Jones Newswires
February 27, 2023 17:08 ET (22:08 GMT)
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