McDonald's Corp. Stock Rises Monday, Outperforms Market
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Shares of McDonald's Corp. (MCD) rose 1.32% to $270.74 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.89% to 3,951.57 and the Dow Jones Industrial Average rising 1.20% to 32,244.58. McDonald's Corp. closed $10.93 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 Monday, as Starbucks Corp. (SBUX) rose 1.17% to $99.85, Chipotle Mexican Grill Inc. (CMG) rose 0.09% to $1,610.23, and Yum! Brands Inc. (YUM) rose 1.60% to $128.88. Trading volume (2.1 M) remained 715,597 below its 50-day average volume of 2.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 20, 2023.
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March 20, 2023 17:09 ET (21:09 GMT)
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