McDonalds – Chipotle Mexican Grill Inc. stock falls Tuesday, underperforms market
Shares of Chipotle Mexican Grill Inc.
slipped 1.43% to $1,450.00 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average
rising 0.06% to 34,133.03 and the S&P 500 Index
falling 0.67% to 4,164.66. This was the stock’s second consecutive day of losses. Chipotle Mexican Grill Inc. closed $129.52 short of its 52-week high ($1,579.52), which the company reached on April 12th.
The stock underperformed when compared to some of its competitors Tuesday, as McDonald’s Corp.
fell 0.72% to $233.86, Yum! Brands Inc.
fell 0.51% to $119.37, and Domino’s Pizza Inc.
rose 0.09% to $433.99. Trading volume (247,936) remained 42,358 below its 50-day average volume of 290,294.