McDonalds – Chipotle Mexican Grill Inc. stock underperforms Friday when compared to competitors
Shares of Chipotle Mexican Grill Inc.
sank 0.78% to $1,468.53 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
rising 1.09% to 4,180.17 and the Dow Jones Industrial Average
rising 0.67% to 34,043.49. This was the stock’s fourth consecutive day of losses. Chipotle Mexican Grill Inc. closed $110.99 below its 52-week high ($1,579.52), which the company reached on April 12th.
The stock underperformed when compared to some of its competitors Friday, as McDonald’s Corp.
rose 0.70% to $234.58, Yum! Brands Inc.
fell 0.08% to $117.72, and Domino’s Pizza Inc.
fell 0.26% to $397.71. Trading volume (360,617) eclipsed its 50-day average volume of 285,499.