McDonalds – Chipotle Mexican Grill Inc. stock outperforms market on strong trading day
Shares of Chipotle Mexican Grill Inc.
rose 2.53% to $1,356.21 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
rising 1.49% to 4,173.85 and the Dow Jones Industrial Average
rising 1.06% to 34,382.13. The stock’s rise snapped a two-day losing streak. Chipotle Mexican Grill Inc. closed $223.31 short of its 52-week high ($1,579.52), which the company achieved on April 12th.
The stock outperformed some of its competitors Friday, as McDonald’s Corp.
rose 0.85% to $231.72, Yum! Brands Inc.
rose 1.00% to $119.27, and Domino’s Pizza Inc.
rose 1.16% to $427.29. Trading volume (210,948) remained 66,896 below its 50-day average volume of 277,844.