McDonalds – Yum! Brands Inc. stock outperforms competitors on strong trading day
Shares of Yum! Brands Inc.
inched 0.60% higher to $118.16 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average
rising 0.16% to 33,730.89 and the S&P 500 Index
falling 0.41% to 4,124.66. This was the stock’s fifth consecutive day of gains. Yum! Brands Inc. hit a new 52-week high, surpassing its previous peak of $117.99, which the company achieved on April 13th.
The stock outperformed some of its competitors Wednesday, as McDonald’s Corp.
fell 0.44% to $230.31, Starbucks Corp.
fell 0.17% to $115.16, and Chipotle Mexican Grill Inc.
fell 1.37% to $1,516.66. Trading volume (1.4 M) remained 441,053 below its 50-day average volume of 1.8 M.