McDonalds – Chipotle Mexican Grill Inc. stock falls Thursday, still outperforms market
Shares of Chipotle Mexican Grill Inc.
slumped 0.22% to $1,456.31 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index
falling 0.44% to 3,913.97 and Dow Jones Industrial Average
falling 0.38% to 31,493.34. This was the stock’s sixth consecutive day of losses. Chipotle Mexican Grill Inc. closed $108.60 short of its 52-week high ($1,564.91), which the company achieved on February 9th.
The stock underperformed when compared to some of its competitors Thursday, as McDonald’s Corp.
rose 0.93% to $215.43, Yum! Brands Inc.
rose 0.99% to $105.37, and Domino’s Pizza Inc.
rose 0.17% to $377.14. Trading volume (172,366) remained 101,159 below its 50-day average volume of 273,525.