McDonald's Corp. Stock Rises Friday, Outperforms Market
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Shares of McDonald's Corp. (MCD) inched 0.15% higher to $262.03 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.45% to 3,861.59 and Dow Jones Industrial Average falling 1.07% to 31,909.64. The stock's rise snapped a three-day losing streak. McDonald's Corp. closed $19.64 short of its 52-week high ($281.67), which the company achieved on November 10th.
The stock outperformed some of its competitors Friday, as Starbucks Corp. (SBUX) fell 0.92% to $99.38, Chipotle Mexican Grill Inc. (CMG) fell 0.03% to $1,550.71, and Yum! Brands Inc. (YUM) fell 1.17% to $124.58. Trading volume (3.0 M) eclipsed its 50-day average volume of 2.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 10, 2023.
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March 10, 2023 17:09 ET (22:09 GMT)
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