McDonalds – Chipotle Mexican Grill Inc. stock rises Tuesday, outperforms market
Shares of Chipotle Mexican Grill Inc.
rose 6.94% to $1,427.61 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
rising 1.42% to 3,875.44 and the Dow Jones Industrial Average
rising 0.10% to 31,832.74. This was the stock’s second consecutive day of gains. Chipotle Mexican Grill Inc. closed $137.30 below its 52-week high ($1,564.91), which the company achieved on February 9th.
The stock outperformed some of its competitors Tuesday, as McDonald’s Corp.
fell 0.27% to $208.55, Yum! Brands Inc.
fell 1.40% to $102.68, and Domino’s Pizza Inc.
rose 6.17% to $354.08. Trading volume (527,388) eclipsed its 50-day average volume of 277,317.