McDonalds – McDonald’s Corp. stock outperforms competitors despite losses on the day
Shares of McDonald’s Corp.
MCD,
slumped 0.48% to $204.84 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index
SPX,
falling 1.34% to 3,768.47 and Dow Jones Industrial Average
DJIA,
falling 1.11% to 30,924.14. This was the stock’s second consecutive day of losses. McDonald’s Corp. closed $27.07 short of its 52-week high ($231.91), which the company reached on October 16th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Starbucks Corp.
SBUX,
fell 1.25% to $104.89, Chipotle Mexican Grill Inc.
CMG,
fell 4.05% to $1,351.12, and Yum! Brands Inc.
YUM,
rose 0.06% to $103.57. Trading volume (3.9 M) eclipsed its 50-day average volume of 3.0 M.
Editor’s Note: This story was auto-generated by Automated Insights using data from Dow Jones and FactSet. See our market data terms of use.
