McDonald's Corp. Stock Outperforms Market On Strong Trading Day
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Shares of McDonald's Corp. (MCD) inched 0.58% higher to $270.64 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.07% to 4,048.42 and the Dow Jones Industrial Average rising 0.12% to 33,431.44. This was the stock's third consecutive day of gains. McDonald's Corp. closed $11.03 below its 52-week high ($281.67), which the company reached on November 10th.
The stock outperformed some of its competitors Monday, as Starbucks Corp. (SBUX) rose 0.42% to $104.99, Chipotle Mexican Grill Inc. (CMG) fell 0.32% to $1,505.13, and Yum! Brands Inc. (YUM) fell 0.29% to $129.30. Trading volume (2.2 M) remained 372,139 below its 50-day average volume of 2.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 6, 2023.
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March 06, 2023 17:09 ET (22:09 GMT)
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