McDonald's Corp. Stock Outperforms Market On Strong Trading Day
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Shares of McDonald's Corp. (MCD) inched 0.25% higher to $263.91 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.30% to 3,970.15 and Dow Jones Industrial Average falling 0.71% to 32,656.70. McDonald's Corp. closed $17.76 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 Tuesday, as Starbucks Corp. (SBUX) fell 0.34% to $102.09, Chipotle Mexican Grill Inc. (CMG) fell 0.25% to $1,491.08, and Yum! Brands Inc. (YUM) rose 0.47% to $127.16. Trading volume (2.9 M) eclipsed its 50-day average volume of 2.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 28, 2023.
(END) Dow Jones Newswires
February 28, 2023 17:12 ET (22:12 GMT)
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