McDonalds – Chipotle Mexican Grill Inc. stock underperforms Friday when compared to competitors
Shares of Chipotle Mexican Grill Inc.
dropped 1.00% to $1,527.70 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
rising 0.47% to 3,934.83 and the Dow Jones Industrial Average
rising 0.09% to 31,458.40. This was the stock’s third consecutive day of losses. Chipotle Mexican Grill Inc. closed $37.21 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 Friday, as McDonald’s Corp.
fell 0.17% to $213.90, Yum! Brands Inc.
fell 0.01% to $105.47, and Domino’s Pizza Inc.
fell 0.01% to $385.17. Trading volume (139,090) remained 139,578 below its 50-day average volume of 278,668.